Redevelopment opportunity i JHB CBD

R 3,000,000

Can I afford this?
2 years ago194 views
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General Details
Description
The property is on 3 stands totalling 970sqm. The multi-level property is made up of the Ground floor plus 2 levels. It is zoned Industrial 1.

This is a residential conversion opportunity, as the property is situated in the Johannesburg Urban Development Zone.

The property is in need of extensive repairs and maintenance but can be redeveloped to suit new and unique specifications.

Size: 2,355sqm @ R3 million

Property Reference #: TM2355J

Agent Details:
Banakhumo Molefe
API Property Group
API House, First floor, 85 Wessel Road, Rivonia

Id Subtitle 988213977
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Estimated monthly repaymentR 32,512
Total property loan amountR 3,000,000
Total interestR 4,802,691
Total repaymentR 7,802,691
Interest rate at 11.75% for 20 years *
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API Property Group
Selling for 6+ years
Total Ads2.75K
Active Ads2.75K
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