Commercial Property For Sale in Central Pinetown

R 24,500,000

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1 year ago144 views
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General Details
Description
Office and Retail Shops

- Office tower with shops adjacent to a busy mall and shopping center For Sale
- Floor area 3960 sqm
- 26 Open parking bays with 59 basement parking bays
- 3 Office floors and ground floor shops
- Offices are serviced by 2 elevators
- Current gross rental income of R4.3m potential gross R5.3m
- Zoning mixed use

For further information and to view property contact Ian Maseko

Property Reference #: CL1376

Agent Details:
Ian Maseko
Property Partners Cornerstone (Pty) LTD
25 San Marina
Seaward Estate
Ballito
4420

Id Subtitle 1150827308
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Purchase price
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No. of years
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Estimated monthly repaymentR 265,509
Total property loan amountR 24,500,000
Total interestR 39,221,976
Total repaymentR 63,721,976
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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Property Partners Cornerstone (Pty) LTD
Selling for 3+ years
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