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804 SQM OFFICE FOR SALE IN PIETERMARITZBURG CBD
R 8,400,000
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1 year ago148 views
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General Details
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Description
Great property investment opportunity. Tenanted commercial property for sale in the Pietermaritzburg CBD in pristine condition. 5 Year lease with a long standing tenant and a net income of R980 000 pa. The price of R8,4 million plus VAT translates into an 11.7% yield.
Zoning: Commercial
Mandate Type: Open
Rates And Taxes: 7868
Property Reference #: 482
Agent Details:
Alan Maher
Profile Property
3-on-Crescent, Cascades Crescent, Montrose, Pietermaritzburg, 3201
Zoning: Commercial
Mandate Type: Open
Rates And Taxes: 7868
Property Reference #: 482
Agent Details:
Alan Maher
Profile Property
3-on-Crescent, Cascades Crescent, Montrose, Pietermaritzburg, 3201
Id Subtitle 1137131550
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Estimated monthly repaymentR 91,032
Total property loan amountR 8,400,000
Total interestR 13,447,535
Total repaymentR 21,847,535
Interest rate at 11.75% for 20 years *
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Selling for 1 year
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