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28 Bedroom Apartment Block for Sale in Parow
R 5,000,000
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7 months ago129 views
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General Details
Location:
Description
Fully tenant apartment block for sale at 88 King Edward Street, Parow.
The sale is not subject to VAT.
Fully tenanted
28 Apartments
There are water meter and electricity meters that are pre-paid and the tenants carry this cost.
Kitchenettes and ablutions
Parking bays
14% yield P/A
For more information regarding rental income and rates, levies, please contact us.
Property Reference #: COM122
Agent Details:
Ryan Perumal
Stealth Commercial and Industrial (PTY) Ltd
Unit 112 & 113
Gibraltar House
74 Regent Road
Sea Point
8005
The sale is not subject to VAT.
Fully tenanted
28 Apartments
There are water meter and electricity meters that are pre-paid and the tenants carry this cost.
Kitchenettes and ablutions
Parking bays
14% yield P/A
For more information regarding rental income and rates, levies, please contact us.
Property Reference #: COM122
Agent Details:
Ryan Perumal
Stealth Commercial and Industrial (PTY) Ltd
Unit 112 & 113
Gibraltar House
74 Regent Road
Sea Point
8005
Id Subtitle 1236911962
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Estimated monthly repaymentR 54,186
Total property loan amountR 5,000,000
Total interestR 8,004,485
Total repaymentR 13,004,485
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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Stealth Commercial and Industrial (PTY) Ltd
Selling for 3+ years
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