Commercial property and the business for sale in Orange farm ext 4

R 800,000

Can I afford this?
1 month ago70 views
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Description
This is an opportunity not to be missed, property is 2300 sqm, currently used as a club. Compromised of 2 part kitchen, A huge Bar, With a big Cold room, 9 toilets, 3 outside rooms, open garage with auto roller door, huge dance floor plus stage, plus a vip room with its own toilets, outside smoke area with umbrellas and Braai stand.

Property comes with option to take the business with its materials/equipments such as sound, kitchen stoves, furniture etc for an added fee of R120k.

Property is based In a vibrant township of Orange Farm, next to Total/Boxer/BP/Timeline radio, basically this prop is in the CBD of Orange Farm, police station/Firestation 1km away, Community Hall 250m, Clinic 2km.

The current business is a club called Miami Lifestyle (highly popular) however building can be used for all sorts of other businesses such as car dealer, supermarket etc.

Note that this is a cash deal.

Property Reference #: 15029

Agent Details:
Delphin Tshitenda
Okandivi Properties
Lydenburg, Mpumalanga
Lydenburg

Id Subtitle 1268542995
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Estimated monthly repaymentR 8,670
Total property loan amountR 800,000
Total interestR 1,280,718
Total repaymentR 2,080,718
Interest rate at 11.75% for 20 years *
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