R 5 400 000
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45 Bed House in Germiston South

king street
45 12 1 2 643 m²

INVESTMENT PROPERTIES FOR SALE IN GERMISTON R5 400 000.

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 details

  • Listing number T4719125
  • Property type House
  • Erf size 2 643 m²

Property features

  • Bedrooms 45
  • Bathrooms 12
  • En-suite 5
  • Lounges 5
  • Dining Areas 2
  • Open Parkings 1
  • Flatlets
  • Alarm
  • Garden

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