Great Investment

R 10,500,000

Can I afford this?
1 month ago40 views
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General Details
Description
A very good investment property with so much potential.
This is a mixed use commercial property, with 10 flats of varying sizes and 10 shops below all tenanted bringing in a good monthly income.

It can be run as a going concern or refurbished to attract a large commercial tenant on the ground floor, like a supermarket as there is a need for it in the area which is highly populated residential area with schools close by. The building has its own parking area for residents at the back and for shoppers infront and along the front of the property.

The potential is phenomenal.
Don't DELAY
Call me today for a viewing.

Property Reference #: MPC84

Agent Details:
Fathima Ebrahim
Mafadi Property Services
3 Anerley Rd
Parktown
Johannesburg
2132

Id Subtitle 1270518846
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Estimated monthly repaymentR 113,790
Total property loan amountR 10,500,000
Total interestR 16,809,418
Total repaymentR 27,309,418
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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Mafadi Property Services
Selling for 2+ months
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