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Property Investment Opportunity (Tenanted Property for Sale)
R 9,238,000
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2 years ago520 views
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General Details
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Description
Investment Opportunity to buy 6 Units inside a complex in Mansell Road Killarney Gardens. The units are all tenanted, which gives an investor a great opportunity to accumulate great cash flow from day 1 of purchase. High potential IRR available to an investor.
NB!!! Contact agent if you would like the rental amounts being achieved for each unit.
The area of each unit can be split into the following GLA:
Unit 1: 249m²
Unit 2: 256m²
Unit 3: 234m²
Unit 4: 238m²
Unit 5: 238m²
Unit 6: 267m²
There are 4 parking bays per unit. Sectional Title Plans have been approved, property also available as sectionalionalised units.
Property Reference #: CL10589
Agent Details:
Christo Laten
Annenberg Property Group
Office 2D
Matrix
8 Bridgeway
Century City
7441
Bridgeway
Century City
7441
NB!!! Contact agent if you would like the rental amounts being achieved for each unit.
The area of each unit can be split into the following GLA:
Unit 1: 249m²
Unit 2: 256m²
Unit 3: 234m²
Unit 4: 238m²
Unit 5: 238m²
Unit 6: 267m²
There are 4 parking bays per unit. Sectional Title Plans have been approved, property also available as sectionalionalised units.
Property Reference #: CL10589
Agent Details:
Christo Laten
Annenberg Property Group
Office 2D
Matrix
8 Bridgeway
Century City
7441
Bridgeway
Century City
7441
Id Subtitle 1049435474
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Estimated monthly repaymentR 100,113
Total property loan amountR 9,238,000
Total interestR 14,789,087
Total repaymentR 24,027,087
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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Annenberg Property Group
Selling for 7+ years
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