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PRIME COMMERCIAL WITH HIGH INCOME RETURN!
R 3,595,000
Can I afford this?
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1 year ago85 views
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Description
Windmill park is located in the East Rand, near Boksburg. This suburb offers a prime location and is 10 minutes from major highways and the industrial economy of the South African economy.
Windmill Park offers an excellent centralized location: 20 minutes drive from the Johannesburg CBD and 10 minutes from Boksburg and Alberton (established private and public transport). The suburb is very close to Dawn Park, Sunward Park, Boksburg and Wadeville.
This commercial property offers the benefit of a business potential with the profit availability.
An option to run as one business complex with offices or shops.
Currently tenanted, leases in place, yielding a great return in income. 7 shops make up this compex.
The added extra of an MTN satellite tower benefits the income return.
This property is for those investors that want to set their retirement with the future investment.
Property Reference #: CL675
Agent Details:
Zainub Sathaar
Choprop Sales and Letting
146 Willem Botha Street
Wierda Park
0157
Windmill Park offers an excellent centralized location: 20 minutes drive from the Johannesburg CBD and 10 minutes from Boksburg and Alberton (established private and public transport). The suburb is very close to Dawn Park, Sunward Park, Boksburg and Wadeville.
This commercial property offers the benefit of a business potential with the profit availability.
An option to run as one business complex with offices or shops.
Currently tenanted, leases in place, yielding a great return in income. 7 shops make up this compex.
The added extra of an MTN satellite tower benefits the income return.
This property is for those investors that want to set their retirement with the future investment.
Property Reference #: CL675
Agent Details:
Zainub Sathaar
Choprop Sales and Letting
146 Willem Botha Street
Wierda Park
0157
Id Subtitle 1180677240
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Estimated monthly repaymentR 38,960
Total property loan amountR 3,595,000
Total interestR 5,755,225
Total repaymentR 9,350,225
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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Choprop Sales and Letting
Selling for 3+ years
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