The Dunes Industrial Storage and Business Park

R 6,500,000

Can I afford this?
1 year ago319 views
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General Details
Description
Upmarket, attractive and architect designed, industrial property, housing three separate businesses in sought-after position in the Dunes Industrial area.
The three separate businesses comprise
1. +- 43 storage units of various sizes
2. Professional office comprising reception area, boardroom, large office, kitchenette and bathroom
3. Gym, comprising an office, reception area, sauna room, gym, ablutions.
The large 2000 square metre erf has a total of 1 230 square metres of building, plus a 70 square metre carport.
Plenty of water from numerous rainwater tanks ensure that this property is completely off the grid regarding water.
High tech security which includes beams and cameras ensure that all areas are permanently monitored, safe and secure.
The buildings house permanent tenants and would be a lucrative investment for the discerning buyer who is looking for quality and sound business practice.

Property Reference #: 4478684

Agent Details:
Mauneen Charter
Lew Geffen Sothebys International Realty
50 Masonic Street
Port Alfred
6170

Id Subtitle 1189696439
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Estimated monthly repaymentR 70,441
Total property loan amountR 6,500,000
Total interestR 10,405,831
Total repaymentR 16,905,831
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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Lew Geffen Sothebys International Realty
Selling for 3+ years
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