Going concern - Commercial property situated in the CBD area offering a monthly income of ± R65 0...

R 6,000,000

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6 months ago203 views
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Description
Commercial property situated in the CBD area offering a monthly income of ± R65 000.00

This land size is an estimated 969m² size and the building size is and estimated 1400m² size and offers lots of potential. The property offers 8 shops downstairs and 20 rooms upstairs. 9 Parking spaces with carports offers secure parking. The rooms consists of 2 bachelor units and 8 rooms with its own bathrooms. There are also 10 single rooms which shares 5 bathrooms. The 8 shops and 20 rooms are currently under lease contracts and is situated in the main road of Randfontein. Price excludes VAT.

Property Reference #: 176

Agent Details:
Johan Jacobs
Entin Estates
101A Village Street, West Porges, Randfontein

Id Subtitle 1242008588
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Estimated monthly repaymentR 65,023
Total property loan amountR 6,000,000
Total interestR 9,605,382
Total repaymentR 15,605,382
Interest rate at 11.75% for 20 years *
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Entin Estates
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