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R7,490,000 | 22 Bedroom Hotel For Sale in Ferndale

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R7,490,000

361 Main Avenue, Ferndale, Randburg

Monthly Bond Repayment R74,778.65
Calculated over 20 years at 10.5% with no deposit. Change Assumptions

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Monthly Rates
R3,595

22 room Hotel to invest in

This Hotel packs a punch with a Borehole for water, a long-term company tenant, overnight accommodation, long- and short-term residents, and online bookings.
There are 42 beds in total, with occupancy at approximately 70%.
It has 2 floors, with an unused lift shaft, should you require it
A restaurant and licensed bar will bring in additional revenue. The bar often hosts sports viewing get-togethers and socials.
This Hotel is a landmark in the area and continues to serve its occupants.

Features

22
23
Pets Allowed
No
Interior
Bedrooms
22
Bathrooms
23
Kitchen
1
Reception Rooms
4
Study
2
Furnished
Yes
Exterior
Security
No
Parkings
20
Flatlet
1
Domestic Accomm.
1
Pool
No
Sizes
Floor Size
833m²
Land Size
1,754m²
Sharon Hamlet
Sharon Hamlet
Non-Principal Property Practitioner Registered with PPRA
(FFC 1162804)
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