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Investing in a 'slice of the action'

R 6,100,000

Can I afford this?
9 months ago321 views
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General Details
Description
The Claremont – retail business investment property

Thriving Retail Culture and High Foot Traffic
Claremont boasts a vibrant retail culture, with Cavendish Square as a flagship mall. The area attracts high foot traffic, making it an ideal location for retailers seeking visibility and accessibility.
The presence of major brands like Virgin Active, @Home, BMW, Hyundai, Mazda, Honda, to name but a few, further enhances its appeal.

• Two rented sectional title units for either retail or office use
• Air-conditioned, bathrooms and kitchenette
• Strategically placed to allow for maximum exposure
• Ground floor
• High visibility
• Great signage and exposure prospects
• Main road Claremont
• High foot traffic
• Ease of access
• Close to all public transport hubs; train, bus terminus and taxis.
• Situated close to key amenities
• Less than a 100m walk from Cavendish Square


? GLA- 167m2 (comprises of two sections)
? Net operating income – please call the writer
? Yield – please call the writer
? Price per m2 – please call the writer
? Selling price R6’100’000.00

Property Reference #: CL7541

Agent Details:
Justin Wilson
Quagga Property Brokers
25 Glenugie AvenueTokai 7945

Id Subtitle 1315623021
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Estimated monthly repaymentR 61,929
Total property loan amountR 6,100,000
Total interestR 8,762,952
Total repaymentR 14,862,952
Interest rate at 10.75% for 20 years *
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