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R 580 000 | business property for sale in braamfontein

Property Description

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) If you wish to invest in property, but don't feel like the hassles of maintenance and tenants then call now!

Property Details

Purchase PriceR 580 000

Building Size51 m2

Price Per SQMR 11372 m2

Type of PropertyBusiness


Last Updated31 Jul 2019

Property Location

AddressDe Korte Street, Braamfontein, Johannesburg, Gauteng, South Africa

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