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100 King Street, Germiston South, Germiston, Gauteng
R 5 000 000
Bargain bargain !!!. These 3 properties are well developed for investment, rezoned for business and comes with a fully licensed Motel bar which operates till late hours. The new owner takes over the Good Will. The business has been in operation for decades and has patrons in the area. The properties accommodates 45 guests per day and most of these are fully tenanted. The residential motel entails a spacious kitchen TV room. There is very tight security, automated gates and lots of parking space.. the location is close to all amenities and easy access to N3, N12, M2 and N17. FEATURES AND INCOME;; 37 rooms fully tenanted R134820 pm 8 more rooms to let PUB & GRILL LICENCED PROJECTED INCOME R60 000 - R80 000 CURRENTLY R80 000 - R100 000 DECEMBER EXPENSES WAGES R15 000 AMENITIES -breakfast served daily -laundry service weekly -fully licenced bar {Motel}
Estimated monthly repayment
R 47 217
on a R 4 500 000 bond over 20 years at 11.25%
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100 King Street, Germiston South, Germiston, Gauteng
Area view — the exact address is shared on enquiry.
Liivra AI market value
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