Selby - MR436957

Commercial in Selby, Johannesburg - CBD, Gauteng

R 3,250,000

... Numbers not adding up?

1250m2
1433m2
Selby - MR436957
Commercial in Selby, Johannesburg - CBD, Gauteng
R 3,250,000
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Key Features

Parking

  • 6 Car Port

More Features

  • Property Type - Commercial
  • Seller Type - Private Property
  • Floor Area - 1250m2
  • Erf Size - 1433m2
  • Price per square floor meter - R2,600 per m2
  • Price per square erf meter - R2,268 per m2

MyRoof Stats

  • 871 Views
PID=436957 DID=461427 SID=1

A unique opportunity nestled in the heart of Selby, one of the most sought after positions within the Selby and Johannesburg Commercial area. The Premises is surrounded by properties that support the market value in both avenues as a thriving Business [hidden]:- Stand Size: [hidden] Two Gated & Private Entrances into the Businesses as well as the WarehousesMain Building:- Under Roof - +- 700sqm- 1x Restaurant with Kitchen- 2x Offices with Employee Bathrooms- Reception Area- 14x Bedrooms with Individual Pre-Paid Meters- Conservative Estimate on ROI- R1,500-00 Per Month Per Room. - R10,000-00 Per Month for the Restaurant. - A Total Conservative ROI of R31,000 Per [hidden] Premises:- Two Warehouses- Main Warehouse - +-330sqm- Secondary Warehouse - +-260sqm- Two Private Entrances leading to respective Warehouses- Private Use Bathrooms for Employees- 6 Undercover Parking Bays- Conservative ROI - R15,000 Per [hidden] Ideal Investment with a Conservative Return on Investment of R46,000 a month for an Investor looking for a positive Return on his Investment. Municipal Bills are on hand per [hidden] further information is available on request. Please do not hesitate to contact for any additional Information.


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