Commercial space for sale in Marshalltown

R 3,985,000

Can I afford this?
1 year ago224 views
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Description
Calling ALL investors / Chefs / Restauranteurs!!!

This 646sqm Sectional Title unit is made up of a portion of the Ground Floor and the basement area. This unit is situated at the Mapungubwe Hotel in Marshalltown, which is currently apartments, mostly for Airbnb bookings.

The lounge area on the Ground floor has laminated flooring, which works best for a sit-down / fine-dining restaurant. There is a kitchen area at the back. The basement section works best for a cigar/whiskey lounge/ dance floor area.

The attention to detail of the finishes is unmatched!

There is an industrial look in the light fittings, the vault, bar area - the post office boxes are amazing! Mapungubwe Hotel is conveniently situated across the old Anglo American headquarters. The Magistrates Court, Khotso House and the Master Of The High Court are a short walking distance. Connect easily to the M1/M2 highway network system.

This is a must-see indeed!

Property Reference #: TM646M

Agent Details:
Khumo Molefe
Officeplace
API House
Ground floor
85 Wessel Road
Rivonia

Id Subtitle 1190981768
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Estimated monthly repaymentR 43,186
Total property loan amountR 3,985,000
Total interestR 6,379,575
Total repaymentR 10,364,575
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Officeplace
Selling for 6+ years
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