Mixed use Retail and Office building for Sale - Parow

R 16,318,110

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1 year ago176 views
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General Details
Description
Fully Tenanted Investment Opportunity!

Prime Property for Sale in Voortrekker Road, Parow.

The property has sectional title plans but, will be sold in its entirety as a going concern (VAT zero rated).

This building comprises of:

* 11 shops and 2x Offices
* Approximate total floor size: 1,956 Sqm
* Average shop size: 70 Sqm
* Significant parking behind the building
* Private enclosed yard from Milner Road
* Rental and other / further information available on request.

Contact Colette to discuss further.

Property Reference #: CL2867

Agent Details:
Neil Bernberg
Port Commercial Properties Pty Ltd
Suite G01 Radar Dad Building
17 Queens Park Avenue
Salt River
7925
Cape Town

Id Subtitle 1159971120
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Estimated monthly repaymentR 176,841
Total property loan amountR 16,318,110
Total interestR 26,123,613
Total repaymentR 42,441,723
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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Port Commercial Properties Pty Ltd
Selling for 5+ years
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