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R 3 250 000 | building property for sale in selby

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Property Description

A unique opportunity nestled in the heart of Selby, one of the most sought after positions within the Selby and Johannesburg Commercial area. The Premises is surrounded by properties that support the market value in both avenues as a thriving Business Sector. Details: - Stand Size: 1433sqm. - Two Gated & Private Entrances into the Businesses as well as the Warehouses Main Building: - Under Roof - - 700sqm - 1x Restaurant with Kitchen - 2x Offices with Employee Bathrooms - Reception Area - 14x Bedrooms with Individual Pre-Paid Meters - Conservative Estimate on ROI - R1,500-00 Per Month Per Room. - R10,000-00 Per Month for the Restaurant. - A Total Conservative ROI of R31,000 Per Month. Warehouse Premises: - Two Warehouses - Main Warehouse - -330sqm - Secondary Warehouse - -260sqm - Two Private Entrances leading to respective Warehouses - Private Use Bathrooms for Employees - 6 Undercover Parking Bays - Conservative ROI - R15,000 Per Month. An Ideal Investment with a Conservative Return on Investment of R46,000 a month for an Investor looking for a positive Return on his Investment. Municipal Bills are on hand per request. All further information is available on request. Please do not hesitate to contact for any additional Information.


Property Details

Purchase Price R 3 250 000

Building Size1250 m2

Price Per SQMR 2600 m2

Type of PropertyBuilding

ZoningCommercial

Land Size1433 m2

Last Updated03 Aug 2022

Rooms

Bathrooms8

External Features

Covered Parking Bays6

Property Location

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