2,023m² Retail For Sale in Greytown

R 11,500,000

Can I afford this?
1 year ago369 views
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Description
Don't miss out on this amazing investment opportunity in a well developing area.

A 2023 square meter floor space building holding 3 stores is now on the market for investors.
An income generation of R45 000 per month is guaranteed. This rental income is at a current low rate but has potential to increase.This property is situated alongside the main road off 2 streets in a busy area. We are open to reasonable offers.

Property Reference #: ULC54

Agent Details:
Kaylin Reddy
Urban Link
Unit 3, Ingliside Office Park,
29 Howick Road,
Wembley,
Pietermaritzburg, 3201.

Id Subtitle 1200682541
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Estimated monthly repaymentR 124,627
Total property loan amountR 11,500,000
Total interestR 18,410,315
Total repaymentR 29,910,315
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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Urban Link
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