FOR SALE DEVELOPMENT OPPORTUNITY ON PIETERMARITZBURG'S EDENDALE CORRIDOR

R 8,000,000

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1 year ago150 views
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General Details
Location:
Other, Midlands
Description
500 sqm Commercial buliding plus an old house on 1497 sqm site R8 million (no VAT). Development opportunity on Pietermaritzburg's Edendale Corridor.
Income R40 000 per month excluding the house.

Zoning: Retail
Mandate Type: Open

Property Reference #: 382

Agent Details:
Alan Maher
Profile Property
3-on-Crescent, Cascades Crescent, Montrose, Pietermaritzburg, 3201

Id Subtitle 1131957456
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Estimated monthly repaymentR 86,697
Total property loan amountR 8,000,000
Total interestR 12,807,176
Total repaymentR 20,807,176
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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