CommercialProperty in Yzerfontein For Sale

R 6,500,000

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8 months ago219 views
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General Details
Size (sqm):730
Description
Secure Income Property in Yzerfontein
This prime location in the heart of Yzerfontein offers a rare opportunity to acquire a well-established commercial property with guaranteed rental income and exciting growth potential.

Five Rented Units: Benefit from immediate income with existing tenants – a hairdresser, a beauty salon (occupying two units), and a charming coffee/gift shop (also occupying two units).
Each unit boasts its own private entrance, while a shared patio fosters a sense of community and encourages customer interaction between businesses.
With dedicated parking for at least 10 vehicles, your tenants and their customers will enjoy a stress-free experience.
The generous ground floor area of 297 square meters provides ample space for businesses to flourish and expand.
This is your chance to secure a piece of Yzerfontein's vibrant commercial scene. Don't miss out!

Price excludes VAT.

Property Reference #: 4022371

Agent Details:
Magda Botha
Bloemfontein
Chas Everitt
Corner of Main & Church Street
PO Box 23
Vredenburg, 7380


Id Subtitle 1229762436
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Estimated monthly repaymentR 70,441
Total property loan amountR 6,500,000
Total interestR 10,405,831
Total repaymentR 16,905,831
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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Chas Everitt
Selling for 3+ years
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