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Boundless Opportunity...
R 3,250,000
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2 years ago243 views
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General Details
Location:
Description
A unique opportunity nestled in the heart of Selby, one of the most sought after positions within the Selby and Johannesburg Commercial area. The Premises is surrounded by properties that support the market value in both avenues as a thriving Business Sector.
Details:
- Stand Size: 1433sqm.
- Two Gated & Private Entrances into the Businesses as well as the Warehouses
Main Building:
- Under Roof - +- 700sqm
- 1x Restaurant with Kitchen
- 2x Offices with Employee Bathrooms
- Reception Area
- 14x Bedrooms with Individual Pre-Paid Meters
- Conservative Estimate on ROI
- R1,500-00 Per Month Per Room.
- R10,000-00 Per Month for the Restaurant.
- A Total Conservative ROI of R31,000 Per Month.
Warehouse Premises:
- Two Warehouses
- Main Warehouse - +-330sqm
- Secondary Warehouse - +-260sqm
- Two Private Entrances leading to respective Warehouses
- Private Use Bathrooms for Employees
- 6 Undercover Parking Bays
- Conservative ROI - R15,000 Per Month.
An Ideal Investment with a Conservative Return on Investment of R46,000 a month for an Investor looking for a positive Return on his Investment. Municipal Bills are on hand per request.
All further information is available on request. Please do not hesitate to contact for any additional Information.
Property Reference #: CL2719688
Agent Details:
Kyle De Aguiar
Dormehl Phalane Property Group
95 Victoria Street,
Oakdene,
Johannesburg,
Gauteng,
2190
Details:
- Stand Size: 1433sqm.
- Two Gated & Private Entrances into the Businesses as well as the Warehouses
Main Building:
- Under Roof - +- 700sqm
- 1x Restaurant with Kitchen
- 2x Offices with Employee Bathrooms
- Reception Area
- 14x Bedrooms with Individual Pre-Paid Meters
- Conservative Estimate on ROI
- R1,500-00 Per Month Per Room.
- R10,000-00 Per Month for the Restaurant.
- A Total Conservative ROI of R31,000 Per Month.
Warehouse Premises:
- Two Warehouses
- Main Warehouse - +-330sqm
- Secondary Warehouse - +-260sqm
- Two Private Entrances leading to respective Warehouses
- Private Use Bathrooms for Employees
- 6 Undercover Parking Bays
- Conservative ROI - R15,000 Per Month.
An Ideal Investment with a Conservative Return on Investment of R46,000 a month for an Investor looking for a positive Return on his Investment. Municipal Bills are on hand per request.
All further information is available on request. Please do not hesitate to contact for any additional Information.
Property Reference #: CL2719688
Agent Details:
Kyle De Aguiar
Dormehl Phalane Property Group
95 Victoria Street,
Oakdene,
Johannesburg,
Gauteng,
2190
Id Subtitle 987485569
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Estimated monthly repaymentR 35,221
Total property loan amountR 3,250,000
Total interestR 5,202,916
Total repaymentR 8,452,916
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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Dormehl Phalane Property Group
Selling for 3+ years
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