Monthly Bond Repayment R33,944.92
Calculated over 20 years at 10.5% with no deposit.
Web Ref No WRL83959
Link Road Commercial Investment
460m² Under roof spacious primary building divided into 3 separate income-producing units, zoned for Intermediate 1. Currently 3 tenants in place. Zoned Intermediate Residential 1 which allows for multi-unit developments at 10 units per hectare. Current tenants include: Veterinary practice as main tenant, with flats on each side, all currently with tenants. Total income R32445. Extra land is available for further development as the adjacent Erf has been amalgamated into a consolidated 4,110m², the vacant portion of which is set back from the road, down a panhandle driveway and serves currently as a nursery. There are two driveways with their own access gates, one of which is being used exclusively for the vet practice and access to the nursery.
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Features
Bedrooms 8
Security Yes
Bathrooms 4
Flatlet 3
Recep. Rooms 3
Study 2
Garages 1
Land Size 4,110m²
Carports/Parkings 12
Pool Yes
Pets Allowed Yes
Monthly Rates R1,733.32