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Farm for sale in Austin View, Midrand
R 5,000,000
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General Details
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For Sale By:Agency
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Description
Guest House - 23 bedrooms
Let us help you find an investment property in the Middle of Midrand. This guest house used to generate R60,000 per month prior to lock-down level 5. It is a great investment opportunity to the investors. It can also be used as a church, bread and breakfast longe or any other business you may intend to use it for.
It has 23 bedroom with bathrooms, made up of: 3 x four sleeper bedrooms, 10 x bachelor rooms on the ground floor, 8 bachelor rooms , three bedroom cottage, bachelor flat, reception area, relaxing or entertainment area, 2 spar rooms, 300 seater main hall and it has three bathrooms for gents and three bathrooms for ladies, conference hall or entertainment hall, which has jacuzzi, enough space for meeting, which can host 80 people and two single bedrooms and a swimming pool.
Rates And Taxes: 2000
Property Reference #: 202207-63629
Agent Details:
William Masebe
eXp Realty - Steven Johnstone Group
1 Apple Street
Kenilworth
Cape Town
7708
Let us help you find an investment property in the Middle of Midrand. This guest house used to generate R60,000 per month prior to lock-down level 5. It is a great investment opportunity to the investors. It can also be used as a church, bread and breakfast longe or any other business you may intend to use it for.
It has 23 bedroom with bathrooms, made up of: 3 x four sleeper bedrooms, 10 x bachelor rooms on the ground floor, 8 bachelor rooms , three bedroom cottage, bachelor flat, reception area, relaxing or entertainment area, 2 spar rooms, 300 seater main hall and it has three bathrooms for gents and three bathrooms for ladies, conference hall or entertainment hall, which has jacuzzi, enough space for meeting, which can host 80 people and two single bedrooms and a swimming pool.
Rates And Taxes: 2000
Property Reference #: 202207-63629
Agent Details:
William Masebe
eXp Realty - Steven Johnstone Group
1 Apple Street
Kenilworth
Cape Town
7708
Id Subtitle 1261960007
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Estimated monthly repaymentR 54,186
Total property loan amountR 5,000,000
Total interestR 8,004,485
Total repaymentR 13,004,485
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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eXp Realty - Steven Johnstone Group
Selling for 2+ years
Total Ads2.07K
Active Ads2.07K
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