16 Bedroom House For Sale in Parktown

R21,000,000


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

Features

Bedrooms 16
Security Yes
Bathrooms 16
Recep. Rooms 4
Land Size 3,102m²
Carports/Parkings 20
Pool Yes

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