R 6 000 000

Commercial Property for Sale in Homelake

32 Homestead Avenue, Homelake, Randfontein

833 m²
- m²: 833 m²
- Hectares: 0.083 ha
- Acres: 0.206 acres

Calling On All Investors! Massive Investment Opportunity Situated In The Heart Of Randfontein

Presenting a distinguished multi-story commercial property that epitomizes limitless potential, coupled with an already established clientele base, offering an outstanding opportunity for discerning investors.

Strategically positioned in the bustling heart of Randfontein, on a major thoroughfare, this property ensures maximum visibility and exposure, attracting a constant stream of potential customers.

The building spans three levels and is endowed with dual liquor licenses, making it an exemplary venue for a nightclub or an expansive entertainment complex. The ground floor, covering 200 square meters, boasts an expansive open-plan design featuring a well-appointed kitchen and reception area—perfect for a thriving restaurant. Ascend to the second floor, also encompassing 200 square meters, which currently operates as a casino equipped with 20 slot machines. A...

Presenting a distinguished multi-story commercial property that epitomizes limitless potential, coupled with an already established clientele base, offering an outstanding opportunity for discerning investors.

Strategically positioned in the bustling heart of Randfontein, on a major thoroughfare, this property ensures maximum visibility and exposure, attracting a constant stream of potential customers.

The building spans three levels and is endowed with dual liquor licenses, making it an exemplary venue for a nightclub or an expansive entertainment complex. The ground floor, covering 200 square meters, boasts an expansive open-plan design featuring a well-appointed kitchen and reception area—perfect for a thriving restaurant. Ascend to the second floor, also encompassing 200 square meters, which currently operates as a casino equipped with 20 slot machines. A valid gambling license included in the sale underscores the ready-to-go business opportunity this floor offers.

A grand staircase leads to an alluring rooftop space of 260 square meters, where a chic sky bar awaits, offering panoramic views of the town. This top floor is enhanced by a full sound system, available as part of the sale, setting the stage for unforgettable events and gatherings.

The property includes a neatly manicured garden tucked behind the restaurant, providing a tranquil retreat from the urban buzz. Additionally, ample secure parking at the front of the building caters to customer convenience.

Benefit from low rates and the absence of property tax, or explore the possibility of a rental agreement for the top floor.

Contact me today to secure an exclusive viewing of this prime commercial property. Discover the full potential of what this golden opportunity has to offer. Please be advised that rates and taxes are subject to change and that the stated erf and floor sizes are estimated.

Listing number: P24-111125635, Image number: 1

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Property Overview

Listing Number

111125635

Type of Property

Commercial Property

Street Address

32 Homestead Avenue, Homelake

Description

Office

Lifestyle

Suburban

Listing Date

04 April 2022

Gross Price

R 6 000 000

Net Price

R 6 000 000

Erf Size

833 m²

Special Levy

R 0

Rates and Taxes

R 2 000

Zoning

Local Business

Facilities

Bathrooms

10

Kitchens

1

External Features

Parking

15

On street parking, Secure parking, Visitor parking

Building

Green Building

No

Multi Tenanted

No

Style

Contemporary, Modern

Facing

Street Front

Roof

Flat Roof

Wall

Plaster

Window

Steel

Standalone Building

Yes

Number of floors

3

Other Features

Security

Totally Fenced, Security Gate, 24 Hour Response, Closed Circuit TV, Burglar Bars, 24 Hour Access, Guard

Temperature Control

Air Conditioning Unit

Nearby Public Transport

Train, Minibus Taxi

Internet Access

ADSL, Fibre

Wheelchair Accessible

No

Generator

No

Backup Water

No

Points of Interest

Bond Calculator

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