R 5 300 000
| 45 Bedroom House for Sale in Germiston South
- REDUCED
45
12
17
Investment properties for sale in germiston r 5300000
Bargain bargain !!!. These 3 properties are well developed for investment, rezoned for business and comes with a fully licensed Motel bar which operates till late hours. The new owner takes over the Good Will. The business has been in operation for decades and has patrons in the area.
The properties accommodates 45 guests per day and most of these are fully tenanted. The residential motel entails a spacious kitchen TV room.
There is very tight security, automated gates and lots of parking space.. the location is close to all amenities and easy access to N3, N12, M2 and N17.
FEATURES AND INCOME;;
37 rooms fully tenanted R134820 pm
8 more rooms to let
PUB & GRILL LICENCED PROJECTED INCOME
R60 000 - R80 000 CURRENTLY
R80 000 - R100 000 DECEMBER
EXPENSES
WAGES R15 000
AMENITIES
-breakfast served daily
-laundry service weekly
-fully licenced bar {Motel}
Property Overview
Rooms
External Features
Other Features
Contact AgentWeb Ref 114982148
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