PALM COURT - CENTRAL R BAY - INVESTMENT OFFICE (RENTAL INCOME)

R 3,600,000

Can I afford this?
3 months ago58 views
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General Details
Description
The longstanding tenant in this unit's lease expires at the end of 2025. They will more than likely renew their lease because of the specialized nature of their business. The Building is well managed and is accessible also with its own parking lot and basement parking.
3 Basement parkings
Reception
Multiple offices
Very secure
*INVESTMENT BUYERS - THIS MAKES SENSE*

Come and discuss and make an offer!!

Rates And Taxes: 1650
Levies: 1851
Property Reference #: 6511

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

Id Subtitle 1255636866
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Estimated monthly repaymentR 39,014
Total property loan amountR 3,600,000
Total interestR 5,763,230
Total repaymentR 9,363,230
Interest rate at 11.75% for 20 years *
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Fosprops Properties
Selling for 7+ years
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