CommercialProperty in Mid Town For Sale

R 4,500,000

Can I afford this?
1 month ago49 views
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General Details
Size (sqm):1672
Parking:Covered
Description
Commercial property in a prime location on a 1672m2 erf for sale. Situated in Mid-town Rustenburg, the property includes:
1. Building currently utilized as a medical facility with 4 consultation rooms, a theatre, reception area, office, filling room, lounge, kitchen and store room.
2. Double storey buiding utilized as a medical centre
3. Two bedroom flat
4. Bachelor flat
5. Storage rooms

Current rental income(excluding the main building which is occupied by the owner) is R24000pm. Total potential rental income for the property +/- R50000.00

The current medical facility has been operating on the property for over 20 years. Water is vital for medical facilities and therefore an equipped borehole supplies all the water required. The interior, exterior and gardens are very well maintained.
Although the property is ideal to serve as a medical center, the possibilities are endless with this 1672m2 property.
CALL US FOR A VIEWING!!

# Entrance Hall: 1
Rates And Taxes: 15000
Temperature Control: A/C
Security Features: Alarm, Access Gate
Property Reference #: 4111264

Agent Details:
Jaques Bezuidenhout
West Rand
Chas Everitt
150 Kock St
Rustenburg,
0299

Id Subtitle 1269572991
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Estimated monthly repaymentR 48,767
Total property loan amountR 4,500,000
Total interestR 7,204,037
Total repaymentR 11,704,037
Interest rate at 11.75% for 20 years *
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Chas Everitt
Selling for 6+ years
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