5 Dover Street | Commercial Property for Sale in Randburg

R 6,500,000

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1 month ago42 views
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General Details
Description
This investment commercial property is located on Dover Street, in close proximity to Bram Fischer Drive. This property consists of retail and office tenants. There are 8 tenants in the building, with the landlord occupying a portion of the ground floor. There is a communal kitchen and ablution facilities. Property has no backup power.

Price: R6 500 000 excluding VAT. Rates & Taxes: R15 000.
The property expenses for insurance, electricity and miscellaneous amount to R14 000 per month.

The property is in close proximity to Randburg Square and other amenities in the area.

Property Reference #: CL110918

Agent Details:
Sihle Dambuza
Officeplace
API House
Ground floor
85 Wessel Road
Rivonia

Id Subtitle 1267490490
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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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Officeplace
Selling for 6+ years
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