R 570 000 | business property for sale in marshalltown

This luxurious 4-star 1 bedroom apartment, situated on the second floor of the Mapunguwe hotel in Marshalltown is for sale. This unit is part of the hotels income pool, which administrates all reservation, maintenance and management of unit. The income pool unit cannot be bought to rent out, but owner is granted 21 days per year to stay at the unit. Monthly earnings after all expenses have been paid (levies, water and electricity, etc), equated to an average between R 2 500 - R 3 500 per month Within the building you can make use of the communal out door swimming pool, a gym, great restaurant and bar, a front desk and enjoy your city living in total safety as the whole building has 24 h security. This is a great opportunity for property investors, call us now...