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Seize the Oppportunity in commercial property.
R 3,170,000
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20 days ago67 views
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Description
Discover this greatest investment opportunity the owners of this investment are retiring its your time to grap this well presented germ in the rough. The property has largest mixed use for commercial and residential rentals in Turfontein Johannesburg and all hops and always fully occupied. The building is an ideal use for moto mechanics and commercial shops and free hold tittle. Additionally the building is strategically located in the close proximity to all major highways for easily accessible to all traffic routes.
The building consists of 11 full functional rented shops which are Butchery, 2 Engineering Company's, BMW mechanics, Food courts, Motto mechanics, Scrap metal, tyre fixers, Kingston, Amush, and Khosi min shop all of these shops generates net income of +-R00 000.00 Per Month plus 22 rented residential rooms also bringing total rental income of R23800.00 per month. The whole building (shops and rooms) generates R83 800,00 monthly.
Do not miss out discover an incredible opportunity to own a prime commercial property in the serene and sought neighborhood of Turfontein this is a greatest investment opportunity and a versatile property boasting an ample size presenting a world of possibilities for business endeavors in the most busiest place in Johannesburg south.
The building is located in Few kilometers from 3 major filling station BP, Engen and Shell garage, very few kilometers from both Mondeor, Boysen police stations, South gate and The glen mall shopping mall. Don't miss incredible opportunity to transform and maximize your returns and thrive in multi-lettings investment. Do not hesitate call for viewing. All water and electricity are prepaid meters.
Property Reference #: 7002001-44298
Agent Details:
Sibu Khebanyane
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
The building consists of 11 full functional rented shops which are Butchery, 2 Engineering Company's, BMW mechanics, Food courts, Motto mechanics, Scrap metal, tyre fixers, Kingston, Amush, and Khosi min shop all of these shops generates net income of +-R00 000.00 Per Month plus 22 rented residential rooms also bringing total rental income of R23800.00 per month. The whole building (shops and rooms) generates R83 800,00 monthly.
Do not miss out discover an incredible opportunity to own a prime commercial property in the serene and sought neighborhood of Turfontein this is a greatest investment opportunity and a versatile property boasting an ample size presenting a world of possibilities for business endeavors in the most busiest place in Johannesburg south.
The building is located in Few kilometers from 3 major filling station BP, Engen and Shell garage, very few kilometers from both Mondeor, Boysen police stations, South gate and The glen mall shopping mall. Don't miss incredible opportunity to transform and maximize your returns and thrive in multi-lettings investment. Do not hesitate call for viewing. All water and electricity are prepaid meters.
Property Reference #: 7002001-44298
Agent Details:
Sibu Khebanyane
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
Id Subtitle 1274203290
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Estimated monthly repaymentR 34,354
Total property loan amountR 3,170,000
Total interestR 5,074,844
Total repaymentR 8,244,844
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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EXP Realty
Selling for 2+ years
Total Ads7.26K
Active Ads7.26K
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