Monthly Bond Repayment R185,579.25
Calculated over 20 years at 8.75% with no deposit.
Web Ref No 3939763
BED AND BREAKFAST FOR SALE IN THE HEART OF PARKTOWN
Incredible 16 bedrooms on 3102 stand in Parktown, landmark property which began as a home and then made into BED AND BREAKFAST GUEST HOUSE. established in 2003 a most unique location in Parktown.
Wits University pays for postgraduate students.
Location: Excellent location, close to Wit University Medical School and the University of Johannesburg. School of Tourism & Hospitality. Near Auckland Park mosque, Milpark, Garden City, Parklane, Brenthurst, Donald Gordon, Johannesburg Gen, Helen Joseph Hospitals, and Rehabilitation Centre.
Premises Details: 16 double bed en-suite rooms includes, coffee facilities, bar fridge, hairdryer, DStv with decoders, telephone, internet. and air con.
Conference room, lounge, fireplace, pool, braai area, +- 20 parking,
Planning Consent: The property is zoned for business use as a guest house Reason for selling: Seller relocating. Occupation rate: Offseason 40%- in season 70%- average daily rates 55% Trading hours: 24/7 Transport: Outsourced. Seller open to negotiations regarding hand over
Recep. Rooms 4
Land Size 3,102m²