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Investment Property for Sale - 85 Princess Avenue, Benoni Central

R 9,500,000

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29 days ago61 views
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Description
An exceptional investment opportunity in the heart of Benoni Central. This well-established property spans three erven and offers a versatile setup with multiple income-generating streams. The premises are being sold with a liquor store license, nightclub license, and gambling license – providing the perfect foundation for a thriving hospitality and entertainment business.

The sale includes all fixtures and fittings, along with 10 operational gambling machines, making this a turnkey opportunity for the right buyer. The property’s layout and existing infrastructure cater ideally to high foot traffic and evening trade, offering excellent visibility and accessibility. The property has a 30kva solar system.

For Sale – R9.5 million excluding VAT
Total ERF Size: Approximately 1,800m²

Benoni Central is a bustling commercial hub within Ekurhuleni, known for its diverse mix of retail, dining, and entertainment venues. The area benefits from strong public transport links and easy access to major routes such as the N12 and Great North Road, ensuring convenience for both customers and staff. Investors and business owners will appreciate the area’s continuous urban growth and the strong local demand for entertainment and leisure venues.

Property Reference #: CL117709

Agent Details:
Jarryd Baard
OfficePlace
API House
Ground floor
85 Wessel Road
Rivonia

Id Subtitle 1341049689
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Estimated monthly repaymentR 96,447
Total property loan amountR 9,500,000
Total interestR 13,647,221
Total repaymentR 23,147,221
Interest rate at 10.75% for 20 years *
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