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INVESTMENT PROPERTY / CBD
R 5,900,000
Can I afford this?5 Photo(s)
3 months ago54 views
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General Details
Location:
Description
This 1st floor unit is occupied by two very strong tenants with a combined rental income of ±R58124.00 + Vat per month (Return on Investment is ±9.45%). The one lease expires 30 Nov 2024 and the other 31 Aug 2027, both having the options to renew.
All air-conditioned
Receptions
Offices
Boardrooms
Lift in the complex
Security is good
Serene environment
Close to the Mall, Gym and the Banks
Property Reference #: 6518
Agent Details:
Elandré de Koning
Fosprops Properties
Calypso Centre, CBD, Richards Bay
Lira Link CBD
Richards Bay
All air-conditioned
Receptions
Offices
Boardrooms
Lift in the complex
Security is good
Serene environment
Close to the Mall, Gym and the Banks
Property Reference #: 6518
Agent Details:
Elandré de Koning
Fosprops Properties
Calypso Centre, CBD, Richards Bay
Lira Link CBD
Richards Bay
Id Subtitle 1255783878
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Estimated monthly repaymentR 63,939
Total property loan amountR 5,900,000
Total interestR 9,445,293
Total repaymentR 15,345,293
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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