Excellent Investment Opportunity in the heart of Robertson

R 3,495,000

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1 year ago258 views
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General Details
Size (sqm):373
Parking:Garage
Description

An Art Deco Landmark building in Robertson is up for sale with four established tenants. This well-known, comer building is situated in the hub of Robertson at a four-way intersection. The corner of Paul Kruger Street and Van Reenen Street is a high-traffic area and visibility and access is ideal for any business. The building is truly an excellent investment opportunity as there are multiple additional business opportunities available. A loft above the garage is an ideal storage space space. Established businesses in the area, many who have recently been renovated, and the well-known Robertson NG Church are just some of the neighbours to this familiar building.

A spacious beautifully maintained, light-filled, two-bedroom, one bathroom apartment on the second floor with it's own entrance will ensure additional, fixed income. There is a single garage leading directly off the street. The Seller is VAT registered.




# Parking: 1
Rates And Taxes: 3250
Temperature Control: A/C
Property Reference #: 3902217

Agent Details:
Mardi Botha
Paarl Luxury Estates
Chas Everitt
1 Warren Street
Robertson
6705

Id Subtitle 1162409481
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Estimated monthly repaymentR 37,876
Total property loan amountR 3,495,000
Total interestR 5,595,135
Total repaymentR 9,090,135
Interest rate at 11.75% for 20 years *
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Chas Everitt
Selling for 3+ years
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