- UNDER OFFER
This is for INVESTORS
9 Storeys building " HOTEL " , Ground plus 8 storeys ,
Total & Potential Income : R 300,000- p/m
Income per month as follows ;
4 shops approx : R 53,000- p/m
1st Floor Pub / Restaurent R 30,000- p/m
84 hotel rooms ( on-suits ) @ R 2600- p/m Excluding Electricity ( pre-paid meter every rooms )
Municipal monthly expenses including Rates & tax: 8412- p/m Approx : R 128,000- p/m
Special features : Electricity Pre-Paid Meters in every rooms , Pub and shops
Borehole in the building service Showers & Toilets. Jhb water for cooking and drinking.
The building is a Close Cooperation own and a VAT Vendor.
Perfect, beautiful condition with 24 security guards and full time maid., Well run building and business.