Commercial (Sectional title) unit For Sale with profitable Business (Optional)

R 3,499,000

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1 year ago255 views
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General Details
Description
Section 6 and 7 (Same title deed) of Campbell Centre is on the market!
Campbell street Centre being Central to the Business District of Port Alfred.
The other Sections in this building is occupied by Attorneys and Medical Practices. Adjacent to the Sections are Open Parking Bays for Public parking.

The building is constructed with facebrick.
Section 6 - 76sqm
Section 7 - 153sqm
Combined area 229sqm
Rental income in the area is between R 65/sqm and R 100/sqm

The Added Bonus to this, is the thriving Framework and Sign Co business that is professionally run from here. Main area of business is framing and manufacture of various types of signs. There is an Option to buy this business with current assets (equipment) separately and rent the space or Purchase the units and Business.

Full inventory and management accounts available

Property Reference #: CL890

Agent Details:
Alma Meyer
Campbell Property Group
Shop 2, 10 Heleza Boulevard, Sibaya, KwaZulu Natal 4320.

Id Subtitle 1194601699
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Estimated monthly repaymentR 37,919
Total property loan amountR 3,499,000
Total interestR 5,601,539
Total repaymentR 9,100,539
Interest rate at 11.75% for 20 years *
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Campbell Property Group
Selling for 1 year
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