Business and Retail - Commercial Property For Sale. Multiple income stream generator.

R 2,795,000

Can I afford this?
14 days ago36 views
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General Details
Description
Multiple income stream generator for the savvy business owner or investor.
Building for sale, of approx. 680m². There are currently 2 retail tenants and 1 office tenant.
The current business is a food processing plant with a retail section with 2 x cold rooms that total approx. 150m². and a 3rd freezer in the dispatching section, which has 2 x roller shutter doors. The building could adapt to multiple types of processing and logistical needs. The building could also adapt to multiple retail outlets. It is situated on a very busy and popular street with high foot traffic and public transport.   Potential ROI +- 12% +.  Asking price is ex vat.

Property Reference #: 7002001-46703

Agent Details:
Clayton Willemse
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
Id Subtitle 1274198536
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Estimated monthly repaymentR 30,290
Total property loan amountR 2,795,000
Total interestR 4,474,507
Total repaymentR 7,269,507
Interest rate at 11.75% for 20 years *
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EXP Realty
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