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Business Retail Space for sale in Amanzimtoti
R 1,935,000
Can I afford this?18 Photo(s)
13 days ago56 views
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General Details
Location:
Description
Business Retail Space for sale,3 shops
Massive Investment Opportunity with this income generating business centre that consists of 3 shops.
- An Appliance Repair shop (used by the owner)
- A Nail and Hair Salon
- And Driving School
The current owner is using the Appliance shop.
The other two shops are generating a passive income of 13 995 pm which is R167 940 per annum.
There are long standing paying tenants,which means that you are guaranteed to start making your money back from your first month.
Levies = R3600
Prepaid Electricity
Rates R1 000
Body Corporate Building
Sectional Title
Property Reference #: 5662
Agent Details:
Sfiso Mavundla
Okandivi Properties
Lydenburg, Mpumalanga
Lydenburg
Massive Investment Opportunity with this income generating business centre that consists of 3 shops.
- An Appliance Repair shop (used by the owner)
- A Nail and Hair Salon
- And Driving School
The current owner is using the Appliance shop.
The other two shops are generating a passive income of 13 995 pm which is R167 940 per annum.
There are long standing paying tenants,which means that you are guaranteed to start making your money back from your first month.
Levies = R3600
Prepaid Electricity
Rates R1 000
Body Corporate Building
Sectional Title
Property Reference #: 5662
Agent Details:
Sfiso Mavundla
Okandivi Properties
Lydenburg, Mpumalanga
Lydenburg
Id Subtitle 1274010493
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Estimated monthly repaymentR 20,970
Total property loan amountR 1,935,000
Total interestR 3,097,736
Total repaymentR 5,032,736
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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Okandivi Properties
Selling for 7+ years
Total Ads682
Active Ads682
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