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Perfect Income Generator - Student Accommodation, Boutique Hotel & Conferencing, Health Care.
R 18,000,000
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24 days ago190 views
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General Details
Location:
For Sale By:Owner
Available From:29/04/2024
Size (sqm):8565
Parking:Secure Parking
Description
This property is located in Glen Austin, Midrand and has approval from COJ for a 50 BED HEALTH CARE FACILITY. The land use is approved as 'INSTITUTIONAL.' It is ideal for STEP-DOWN FACILITY, PSYCHIATRIC FACILITY, OLD AGE HOME, NURSING HOME, DRUG AND ALCOHOL REHABILITATION FACILITY, CHURCH/RELIGIOUS FACILITY & ACTIVITIES, ETC.
The property is made up of 28 en-suite rooms, lounge, dining facility for +- 80, conference room for 100-150 - dependent on seating arrangements, reception, office, store-rooms, pool, parking for 100+ cars. Some rooms can sleep up to 4 pax.
The property is centrally located on the main street of Glen Austin and has easy access from both Johannesburg and Pretoria, neighbours to Sandton, Kempton Park, Kyalami, Centurion, Sunninghill.
To arrange a viewing, or discuss further kindly call / whatsapp 060 251 5247. A must see for any serious entrepreneur. A wide range of opportunities.
Id Subtitle 1272191784
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Estimated monthly repaymentR 195,068
Total property loan amountR 18,000,000
Total interestR 28,816,146
Total repaymentR 46,816,146
Interest rate at 11.75% for 20 years *
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Ishwar Beesunlal
Selling for 9+ years
Total Ads44
Active Ads2
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