INVESTMENT OPPORTUNITY - GR FL OFFICE

R 1,949,000

Can I afford this?
5 months ago68 views
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General Details
Description
Large reception leading to a passage taking you to array of different size offices and a boardroom.

The Current tenant's rental is R22000 + vat per month, making this a decent return (between 10% & 11%) on your investment.
5 Offices
Kitchen
ALL AIR-CONDITIONED
2 BASEMENT PARKINGS

Property Reference #: 6463

Agent Details:
Elandré de Koning
Fosprops Properties
Calypso Centre, CBD, Richards Bay
Lira Link CBD
Richards Bay

Id Subtitle 1245248473
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Estimated monthly repaymentR 21,122
Total property loan amountR 1,949,000
Total interestR 3,120,149
Total repaymentR 5,069,149
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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Fosprops Properties
Selling for 7+ years
Total Ads126
Active Ads126
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