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R 3,800,000

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Description
Situated in North End East London, this commercial property is accessible from two streets. Separate workshops, reception areas, offices and ablutions allow for the owner to sublet and diversify income. Existing lease in place. The two workshop areas, in excess of 170 sqm each, have large roll up doors and can also serve as warehousing facilities. The living unit, comprising of a bedroom, kitchen and bathroom, located on the premises, allow for a manager/supervisor to be accommodated on site. Fully secured with boundary walls, an access gate and security guard cubicle the fully serviced fuel tank and fuel pump facilitates convenient re-fueling of vehicles on site.

Property Reference #: ELO-CS00007

Agent Details:
Andre Goosen
Deal Design Commercial Property and Business Brok
84 Vincent Road Vincent East London 5247

Id Subtitle 1294111997
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Estimated monthly repaymentR 41,181
Total property loan amountR 3,800,000
Total interestR 6,083,409
Total repaymentR 9,883,409
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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Deal Design Commercial Property and Business Brok
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