45 Bed House in Germiston South
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
- Listing date 22 Jul 2024
- Land size 2 643 m²
Property features
- Bedrooms 45
- Bathrooms 12
- En-suite 5
- Lounges 5
- Dining areas 2
- Open parking 1
- Flatlets
- Alarm
- Garden