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INVESTMENT PROPERTY A+
R 18,500,000
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1 year ago214 views
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General Details
Location:
Description
GLA 1399 sqm. Annual Gross Income is R2 199 153. Well positioned with Government Lease in place. Asking price selling at 10.5% yield.
Zoning: Commercial
Mandate Type: Open
Property Reference #: 409
Agent Details:
Carl Groenewald
Profile Property
3-on-Crescent, Cascades Crescent, Montrose, Pietermaritzburg, 3201
Zoning: Commercial
Mandate Type: Open
Property Reference #: 409
Agent Details:
Carl Groenewald
Profile Property
3-on-Crescent, Cascades Crescent, Montrose, Pietermaritzburg, 3201
Id Subtitle 1131960188
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Estimated monthly repaymentR 200,486
Total property loan amountR 18,500,000
Total interestR 29,616,594
Total repaymentR 48,116,594
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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Selling for 1 year
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