COMMERCIAL PROPERTY IN PRIME LOCATION

R 15,825,000

Can I afford this?
6 months ago185 views
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Description
DEVELOPERS DREAM

This prime commercial property is situated on the corner of Mandela Drive in Witbank, the center of the business district. This magnificent property has endless potential with special zoning which allows for a 3 storey building and 75% coverage. This property has easy access to the N4. The 2 bordering properties is also for sale to make the total land size 2952 square meters for you to develop at your hearts content.

Currently there are shops in the main building being leased to tenants. Developers can either expand with these tenants or give notice and create new opportunities on the prime property.

Make your viewing appointment today!

Property Reference #: CL605

Agent Details:
Jeanine Myburgh
Agrisell PTY Ltd
9A Kerk Street
Piketberg
7320

Id Subtitle 1240681195
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Estimated monthly repaymentR 171,497
Total property loan amountR 15,825,000
Total interestR 25,334,195
Total repaymentR 41,159,195
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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Agrisell PTY Ltd
Selling for 6+ years
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