Industrial For Sale In Somerset West , Somerset West

R 6,660,000

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29 days ago24 views
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General Details
Description
4 retail investment units next to prime area of Somerset West Mall

4 separate sectional title units for sale in upmarket prime area of Somerset West Mall . The units are made up of 4 units 230m2 - 155m2--155m2 and 185m2 - total 725m2 and can be bought together or separately. They are in a prime position and have a rental income of R80 p/m 2 on average. Total rent at the moment is R46 178.00 excluding vat
Tenants pay the rates and the levies. Each unit has there own store room and packing entry area with roll up door at the back and each has a kitchen and bathroom
Can Also be used as offices

Property Reference #: CL8

Agent Details:
Andre Nel
Golden Properties
Ulusaba 4 Clara Anna FonteinDurbanvilleCape Town7550

Id Subtitle 1276739577
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Estimated monthly repaymentR 72,175
Total property loan amountR 6,660,000
Total interestR 10,661,974
Total repaymentR 17,321,974
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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Golden Properties
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