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Description
A shopping centre in Boksburg North Rand on the East Rand Road with a 10% Yield year by year in the duration of the lease. Excellent return will be achieved due to a large shopping clientelle coming from the neighbouring surburbs. At the R55 Million Rands there is an option to let thus deriving a steady income through rental to large retail cilientelle.
Details
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Approximate bond cost - R 494 849p/m (assuming 9% interest rate and 20 year period with no deposit).
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