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Fully Tenanted Building on Vibrant Voortrekker Road - Prime Investment
R 8,500,000
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General Details
Location:
Description
Welcome to an exceptional investment opportunity situated in the vibrant heart of Avondale, Parow, along the lively Voortrekker Road. This commercial building stands as a beacon of opportunity, boasting a fully tenanted space ready to deliver immediate rental income.
On the ground floor, a bustling butchery serves as a cornerstone of the local community, drawing in customers with its premium cuts and personalized service. Ascending to the upper floors, you'll find a collection of twelve apartments ranging from spacious studios to two-bedroom units, all fully occupied and contributing to a steady stream of rental income.
Strategically positioned opposite the renowned Parow Centre shopping mall, this building enjoys prime visibility and proximity to an array of amenities, including convenient public transportation options and bustling shopping destinations. With its lucrative return on investment, this commercial building presents an unmissable opportunity for financial success.
Features:
- 12 apartments
- 1 commercial tenant (butchery)
- Prime location opposite Parow Centre shopping mall
- Proximity to public transportation options
- Close to various shopping destinations
Property Reference #: CL65
Agent Details:
Zinoviy Zadniprovsky
Lionlead Real Estate
111 Waterkant Street
De Waterkant
Cape Town
8001
On the ground floor, a bustling butchery serves as a cornerstone of the local community, drawing in customers with its premium cuts and personalized service. Ascending to the upper floors, you'll find a collection of twelve apartments ranging from spacious studios to two-bedroom units, all fully occupied and contributing to a steady stream of rental income.
Strategically positioned opposite the renowned Parow Centre shopping mall, this building enjoys prime visibility and proximity to an array of amenities, including convenient public transportation options and bustling shopping destinations. With its lucrative return on investment, this commercial building presents an unmissable opportunity for financial success.
Features:
- 12 apartments
- 1 commercial tenant (butchery)
- Prime location opposite Parow Centre shopping mall
- Proximity to public transportation options
- Close to various shopping destinations
Property Reference #: CL65
Agent Details:
Zinoviy Zadniprovsky
Lionlead Real Estate
111 Waterkant Street
De Waterkant
Cape Town
8001
Id Subtitle 1271666301
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Estimated monthly repaymentR 92,116
Total property loan amountR 8,500,000
Total interestR 13,607,625
Total repaymentR 22,107,625
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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Lionlead Real Estate
Selling for 3+ years
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