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R 6 000 000

Commercial Property for Sale in Germiston South

Germiston South, Germiston
  • Erf Size 2 643 m²
    • m²: 2 643 m²
    • Hectares: 0.264 ha
    • Acres: 0.653 acres
Investment properties for sale in Germiston Bulk sale of 3 Properties

This Residential property is currently operating as a motel, offering short and long term accommodation

This thriving business offers a unique opportunity for investors and entrepreneurs, sold as a going concern.

It offers 3 houses, 2643 Square meters, 37 rooms, 14 Bathrooms, 5 Kitchens, big dining area, lounge, and the bar, that has large sitting area inside and outside.

Prepaid Electricity fitted for each room.

Zoned for Residential 4

Currently - 4 flats, 9 double rooms, 14 single rooms, and 4 rondawels plus the bar they making approximately a net income of R180,000 a month

- Accommodation for short-term, long-term, and permanent residents

- Registered with reputable booking agencies .

*Amenities:*

prepared breakfasft served daily

- Daily room cleaning and weekly laundry services

- Secure inside parking behind a remote-controlled gate

- Fully licensed bar, that...

This Residential property is currently operating as a motel, offering short and long term accommodation

This thriving business offers a unique opportunity for investors and entrepreneurs, sold as a going concern.

It offers 3 houses, 2643 Square meters, 37 rooms, 14 Bathrooms, 5 Kitchens, big dining area, lounge, and the bar, that has large sitting area inside and outside.

Prepaid Electricity fitted for each room.

Zoned for Residential 4

Currently - 4 flats, 9 double rooms, 14 single rooms, and 4 rondawels plus the bar they making approximately a net income of R180,000 a month

- Accommodation for short-term, long-term, and permanent residents

- Registered with reputable booking agencies .

*Amenities:*

prepared breakfasft served daily

- Daily room cleaning and weekly laundry services

- Secure inside parking behind a remote-controlled gate

- Fully licensed bar, that accommodate a capacity for 50 patrons, featuring:

- DSTV premium with live sports on big screen TVs

- Live entertainment

- Bar lunches

- Braai area

Gross return on investment 28.5%

Net Return on investment 20.22%

This property is situated closer to public transport, shops and schools, making it Ideal for BnB, student accomodation and rooms for rental

Investors this is a lifetime investment

Listing number: P24-114838511, Image number: 1
Listing number: P24-114838511, Image number: 2
Listing number: P24-114838511, Image number: 3
Listing number: P24-114838511, Image number: 4
Listing number: P24-114838511, Image number: 5
Listing number: P24-114838511, Image number: 6
Listing number: P24-114838511, Image number: 7
Listing number: P24-114838511, Image number: 8
Listing number: P24-114838511, Image number: 9
Property Overview
Listing Number
114838511
Type of Property
Commercial Property
Lifestyle
Metropolitan, Suburban
Listing Date
23 August 2024
Erf Size
2 643 m²
Rates and Taxes
R 26 192
Pets Allowed
No
Bedrooms
37
Bedroom 1
Bedroom 2
Bedroom 3
Bedroom 4
Bedroom 5
Bedroom 6
Bedroom 7
Bedroom 8
Bedroom 9
Bedroom 10
Bedroom 11
Bedroom 12
Bedroom 13
Bedroom 14
Bedroom 15
Bedroom 16
Bedroom 17
Bedroom 18
Bedroom 19
Bedroom 20
Bedroom 21
Bedroom 22
Bedroom 23
Bedroom 24
Bedroom 25
Bedroom 26
Bedroom 27
Bedroom 28
Bedroom 29
Bedroom 30
Bedroom 31
Bedroom 32
Bedroom 33
Bedroom 34
Bedroom 35
Bedroom 36
Bedroom 37
Parking
15
Multi Tenanted
Yes
Standalone Building
No
Security
Security
Totally Fenced, Electric fencing, Boomed Area
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