SAM COHEN Real Estate powered by eXp

R 4,990,000

Can I afford this?
3 months ago72 views
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Description
Great Commercial Opportunity - Near Factory , in Main Road - BRAND NEW
SAM COHEN Real Estate powered by eXp


This newly built Commercial Property brings you an ideal opportunity to own a business in the heart of the Breede Valley,
with a steady income, and much more earning potential.


Zoned as Business Zone no.1, it comprises of 7 commercial shops, which brings in a current rental income of R55,000 per month.


5 Shops of 60 m2 ( Dimensions 5 x 12 meters)
2 Shops of 120 m2 ( Dimensions 12 x 10 meters)


Each one with its own alarm, security gates, toilet and basin, Delivery back door, and pre-paid electricity.
An ATM Room with reinforced steal, has also been installed, with a solar unit to ensure 24 hours service.


Ample parking is available with extra space for more development.  Above ground, residential uses are permitted
for example, apartments.
VAT is not applicable , as the owner is not registered for VAT.


If you need a low maintenance commercial building in the Western Cape, for your property portfolio,
then this property is certainly for you.
For more information contact SAM COHEN Real Estate powered by eXp

Property Reference #: 7002001-47760

Agent Details:
Patruzchka Muller
EXP Realty
South Africa

Id Subtitle 1259951436
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Estimated monthly repaymentR 54,077
Total property loan amountR 4,990,000
Total interestR 7,988,476
Total repaymentR 12,978,476
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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EXP Realty
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