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MASSIVE DOLLAR DRIVE CORNER / INVESTMENT PROPERTY / WITH LEASES
R 17,000,000
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1 year ago336 views
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General Details
Location:
Description
The property has multiple stable tenants renting at this very well exposed and visible building. The number of vehicles counted a few years ago for this particular Road was between 35 000 and 40 000 per day. There are offices on the 1st floor and workshops on the ground floor, with spacious parking in the front of the building and on Dollar Drive itself.
Rental Income available upon request
Short Term leases
Can be purchased for Own Use
2 Vacant units on the 1st floor
Rates And Taxes: 14913
Property Reference #: 6163
Agent Details:
Elandré de Koning
Fosprops Properties
Calypso Centre, CBD, Richards Bay
Lira Link CBD
Richards Bay
Rental Income available upon request
Short Term leases
Can be purchased for Own Use
2 Vacant units on the 1st floor
Rates And Taxes: 14913
Property Reference #: 6163
Agent Details:
Elandré de Koning
Fosprops Properties
Calypso Centre, CBD, Richards Bay
Lira Link CBD
Richards Bay
Id Subtitle 1205174710
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Estimated monthly repaymentR 184,231
Total property loan amountR 17,000,000
Total interestR 27,215,249
Total repaymentR 44,215,249
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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Fosprops Properties
Selling for 7+ years
Total Ads126
Active Ads126
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