R 4 685 000 | business property to rent in jeppestown

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Property Description


Investors paradise!!! GOLDEN OLDIE, Situated in the Heart of Johannesburg, Jeppestown and the renound Maboneng. 3 Story Hotel building consisting of 23 bedrooms and 23 bathrooms, each with a balcony. Each Bedroom is spacious with build in cupboards and en suite bathroom. Neat and tidy passages connecting all bedrooms. Spacious bar and Casino on the ground floor,and a nightclub that can be rented out at R5000 p.m. No Financials available as Hotel as not fully functional. Building is on the corner of Auret and Marshall Street. Well secured with security guards 24/7.Stunning and Gorgeous LOBBY with entrance Hall fully staffed. Potential income of R50 000.00 p/m if well managed. Hotel can also be rezoned for student accommodation. Within walking distance to Jeppe Train station, Maboneng Precinct and Carlton Center. On bus,train and Taxi Route, and close to all the best schools in Johannesburg. Please call today for an exclusive viewing.


Property Details

RentalR 4 685 000

Building Size700 m2

Price Per SQMR 6692 m2

Land Size0 m2

Type of PropertyBusiness

Last Updated01 Aug 2019

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Agent

Evarose Evans

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