Claredon Hotel with 24 fully furnished rooms, with buisness rights plus restaurant and pub.

R 5,600,000

Can I afford this?
2 years ago287 views
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General Details
Description
This 24 room, 3 story Hotel is situated in Germiston .
The Hotel has a excellent income potential, currently in operation.
The restaurant is not in operation but could potentially generate a great income. There is a bar with pool tables as well not in operation.
With some vision this is a excellent opportunity for the right investor .

Call to arrange a meeting.

Property Reference #: CL76

Agent Details:
Oscar Aleixo
Allegiance Properties
207 Biggarsberg Street
Glenvista
Gauteng
2058

Id Subtitle 1002795109
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Estimated monthly repaymentR 60,688
Total property loan amountR 5,600,000
Total interestR 8,965,023
Total repaymentR 14,565,023
Interest rate at 11.75% for 20 years *
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Allegiance Properties
Selling for 2+ years
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