Investment in Central PMB For Sale

R 8,250,000

Can I afford this?
2 years ago472 views
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General Details
Description
Welcome to the Commercial Business in the heart of Pietermaritzburg that has potential investment returns, proven during Covid time.

This building is situated in the busy road very convenient for your potential client, enough parking space, very close to Capital Centre.

This property has a large number of tenants already, should you be in property business this property is yours.

Moreover this property can be used for Private Business Offices or Law Firm. Property can also be converted to pre-school because of it has a large yard and tight security. Property has cameras installed around the building and is well maintained.

Property Reference #: CL1623

Agent Details:
Nkululeko Thabethe
Jawitz Properties
Gresham House
11 Wembley Terrace,
Town Hill,
Pietermaritzburg

Id Subtitle 1007388211
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Estimated monthly repaymentR 89,406
Total property loan amountR 8,250,000
Total interestR 13,207,400
Total repaymentR 21,457,400
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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Jawitz Properties
Selling for 3+ years
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