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PRIME COMMERCIAL ASSET THAT YIELDS GREAT RETURNS
R 1,200,000
Can I afford this?
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13 days ago38 views
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General Details
Location:
Description
This great piece of real estate is well situated in the middle of the Vereeniging CBD and Three Rivers.
It has a house let out as a multi-let property and also a tuck-shop.
It's also close to Riviera On Vaal, Arcelor Mittal SA plant, shopping centres, primary & secondary schools, colleges, varsities, health care facilities, religious institutions and government departments.
Its sizable land makes it suitable for been converted into a multi-let resi-property or a full scale Apartment building.
For an Apartment building conversion - (the target market can be students or the working people (from Arcelor Mittal or nearby businesses)
It enjoys great foot and vehicle traction as it lies in the main road connecting Vereeniging to Three Rivers.
It presents endless opportunities such as been used as an office, small scale light-industrial, retail outlet, long & short-term residential rental property.
This ASSET is up for grabs for those who like great investment opportunities.
Property Reference #: 7002001-53274
Agent Details:
Katleho Hlalele
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
It has a house let out as a multi-let property and also a tuck-shop.
It's also close to Riviera On Vaal, Arcelor Mittal SA plant, shopping centres, primary & secondary schools, colleges, varsities, health care facilities, religious institutions and government departments.
Its sizable land makes it suitable for been converted into a multi-let resi-property or a full scale Apartment building.
For an Apartment building conversion - (the target market can be students or the working people (from Arcelor Mittal or nearby businesses)
It enjoys great foot and vehicle traction as it lies in the main road connecting Vereeniging to Three Rivers.
It presents endless opportunities such as been used as an office, small scale light-industrial, retail outlet, long & short-term residential rental property.
This ASSET is up for grabs for those who like great investment opportunities.
Property Reference #: 7002001-53274
Agent Details:
Katleho Hlalele
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
Id Subtitle 1274222089
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Estimated monthly repaymentR 13,005
Total property loan amountR 1,200,000
Total interestR 1,921,077
Total repaymentR 3,121,077
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.
RECALCULATE
EXP Realty
Selling for 2+ years
Total Ads7.26K
Active Ads7.26K
Professional Seller
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Seller stats
7.26KTotal Ads
3.69MTotal Views
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