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Own a hassle free investment property, a suite in the Protea Parktonian hotel Well located within Braamfontein and well equipped; with several conference venue's, restaurant, gym, rooftop bar with pool and a view to die for. This is an opportunity that doesn't come along often. No hassle's with tenants, maintenance, cleaning, leases etc just a steady stream of income every month at no additional costs. What's in it for the buyer; - A steady amount of /- R 3700 per month - At the end of the year after accounts are audited an equal part of ALL - the hotels profit; Conferences, rooms, food & beverage will be divided equally over the 300 suites and their owners. - 2 weeks per year you can book to stay cost free at your own suite (note, no permanent residence allowed) Most of the current investors have been there for years and say it is one of the best investments they have ever done. If you wish to invest in property hassle free, than call me to view.
Purchase Price R 580 000
Building Size55 m2
Price Per SQMR 10545 m2
Type of PropertyBusiness
ZoningCommercial
Last Updated18 Apr 2019
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