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Commercial property for sale in Newton Park

R 5,500,000

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8 months ago228 views
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Description
ALEXANDER SQUARE | 44 2ND AVENUE | NEWTON PARK | INVESTMENT PROPERTY PARTIALLY TENANTED

Alexander Square, located in the thriving area of Newton Park, is now available for sale. The property comprises three well-maintained buildings, with two currently tenanted, ensuring immediate investment returns. The premises feature air conditioning, blinds, ample parking, and secure fencing with a gate.

Positioned close to Greenacres Shopping Centre, Alexandra High School, and Netcare Hospital, this property offers convenient access to major roads, including CJ Langenhoven Drive, Kempston Road, Burt Drive, and Cape Road. This prime location provides excellent connectivity and visibility for businesses.

Property Reference #: CL73717

Agent Details:
Jody Van Heerden
API Property Group
Unit F1A
99 Circular Drive
Fairview
PE

Id Subtitle 1291157695
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Estimated monthly repaymentR 59,604
Total property loan amountR 5,500,000
Total interestR 8,804,934
Total repaymentR 14,304,934
Interest rate at 11.75% for 20 years *
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API Property Group
Selling for 10+ months
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