TENANTED INDUSTRIAL PROPERTY

R 5,500,000

Can I afford this?
2 years ago387 views
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General Details
Location:
Other, Drakensberg
Description
GOOD RENTAL INCOME from this Industrial Property. 6 units. Each unit consists of 120 sq m workshop, a 24 sq m mezzanine office, small kitchenette and toilet. Entire property is fenced with palisade. Each tenant pays electricity and water. Price excludes VAT

Property Reference #: ACUB-0082

Agent Details:
Kathy Abbett
Acutts
59 Main Road
Underberg
3257

Id Subtitle 987516017
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Estimated monthly repaymentR 59,604
Total property loan amountR 5,500,000
Total interestR 8,804,934
Total repaymentR 14,304,934
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Acutts
Selling for 3+ years
Total Ads51
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