Germiston - MR632448

Commercial in Germiston, Gauteng - East Rand, Gauteng

R 4,000,000

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17
20
979m2
Germiston - MR632448
Commercial in Germiston, Gauteng - East Rand, Gauteng
R 4,000,000
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Key Features

Rooms

  • 17 Bedrooms
  • 20 Bathrooms

Services

  • Rates and Taxes R3850

More Features

  • Property Type - Commercial
  • Seller Type - Private Property
  • Floor Area - 979m2
  • Price per square floor meter - R4,086 per m2

MyRoof Stats

  • 158 Views
PID=632448 DID=656616 SID=1

 This expansive commercial property, spanning 979 square meters, is strategically located in a bustling and sought-after area, boasting
three levels of versatile [hidden];


 At ground level, occupying 415 square meters, is a vibrant bar featuring both an open-plan area and an exclusive VIP section. This inviting
space sets the stage for lively social gatherings and [hidden];


 Ascending to the first floor, you'll find a generous expanse of 363 square meters. This floor accommodates seven bachelor rooms, each complete with its own private toilet and shower facilities, along with a shared kitchen area. Ideal for tenants seeking convenience and [hidden];


On the second floor, spanning 201 square meters, are ten additional bachelor rooms, mirroring the layout of the first floor with individual amenities and a communal kitchen space. This floor offers further accommodation options, catering to diverse tenant [hidden];


 Currently utilized as a guest house, the property generates a monthly income of R40,000 from its 17 rooms. Additionally, the bar is leased
out for an additional R40,000 per month, contributing to the property's overall revenue [hidden];


There is further potential to maximize returns by leasing out the 17 rooms as bachelor flats, with each unit potentially fetching around
R3000 per month. This flexible approach allows for adaptation to market demands and tenant [hidden];


With a current return on investment (ROI) of 24%, this property presents a compelling opportunity for investors seeking lucrative
ventures in the commercial real estate [hidden];


To explore the full potential of this property and arrange a viewing, please don't hesitate to contact me. I look forward to showcasing the
myriad possibilities this property has to [hidden];


 With Remax, you Relax  

Neighbouring Areas

Alberante , Alberton , Alphen Park , Aston Manor , Atlasville , Bardene , Bedford Gardens , Bedford Park , Bedfordview , Bedworth Park , Benoni , Benoni AH , Benoni East AH , Benoni Orchards , Benoni South , Benoni Western , Birch Acres , Birchleigh , Boat Lake Village , Bonaero Park , Bredell AH , Brentwood , Bruma , Caro Nome AH , Chloorkop , Cloverdene , Cresslawn , Dayanglen , Dewittsrus , East Germiston , Edenvale , Fairleads , Germiston , Germiston South , Glen Erasmia Boulevard , Glenmarais (Glen Marais) , Goedeburg , Hillcrest , Impala Park , Kempton Park , Kempton Park AH , Kilfenora , Kleinfontein , Lakeside , Lambton , Lambton Gardens , Linksview , Mayfield , Nest Park , Norkem park , North Germiston , Northmead , Primrose , Primrose Hill , Rhodesfield , Roodebult , Rynfield , Rynfield AH , Rynpark , Serengeti Golf and Wildlife Estate , Van Riebeeckpark , Wadeville , Witfield

Areas in this Region

Actonville , Albemarle , Albertsdal , Allan Grove , Alliance , Alra Park , Anderbolt , Anzac , AP Khumalo , Aston Lake , Bakerton , Bartlett AH , Barvallen , Bassonia Rock , Berton Park , Beyers Park , Birchleigh North , Bluegum View , Boksburg , Boksburg North , Boksburg South , Bothasgeluk AH , Brackendowns , Brackenhurst , Brakpan , Brenthurst , Brentwood Park , Brentwood Park AH , Bultfontein 192-Ir , Cason , Casseldale , Castleview , Cerutiville , Chris Hani , Cinderella , Clearwater Estate , Comet , Country View , Credi , Cruywagenpark , Crystal Park , Daggafontein , Dal Fouche , Dalpark , Dalview , Danie Taljaard Park , Daveyton , Dawn Park , Delmore , Delmore Park , Denneoord , Dersley , Dewald Hattingh Park , Dinwiddie , Driefontein 85-Ir , Duduza , Dunnottar , East Geduld , Ebotse Golf and Country Estate , Edelweiss , Eden Park , Edleen , Elandsfontein Rail , Elspark , Esther Park , Eveleigh , Farrar Park , Farrarmere , Ferryvale , Florentia , Freeway Park , Geduld , Geluksdal , General Albertspark , Groeneweide , Hallgate AH , Hazel Park , Hazeldene , Helderwyk Estate , Hlanganani Village , Hughes , Huntingdon , Jameson Park , Jan Smuts Ville , Jansen Park , Katlehong , Kaydale AH , Kingsway , Klippoortjie AH , Knoppiesfontein , Krugersrus , Kwa-Thema , Lakefield , Langaville , Laversburg , Leachville , Libradene , Likole , Lilianton , Lilyvale AH , Lodeyko , Mabuya Park , Mackenzie Park , Mackenzieville , Mapleton , Marister AH , Masetjhaba View , Mavimbela , Mayberry Park , Meyersdal , Mimosa Park , Minnebron , Modder East , Modderfontein 76-Ir , Moleleki , Morehill , Morganridge , Muswelldale , New Era , New Modder , New Redruth , New State Areas , Newmarket Park , Nhlapo , Nigel , Northvilla , Norton Small Farms , Norton's Home Estates , Noycedale , Nuffield , Othandweni , Palm Ridge , Parkdene (JHB) , Parkhaven , Parkrand , Paul Krugersoord , Payneville , Persida , Petersfield , Petit , Plantation , Pollak Park , Pomona , Presidentsdam , Raceview , Ramakonopi , Ramakonopi East , Rand Collieries Sh , Randhart , Ravensklip , Ravenswood , Reiger Park , Restonvale AH , Rondebult , Roodekop , Rosedene , Rowhill , Salfin , Selcourt , Selection park , Shangrila , Sharon Park , Sherwood Gardens , Siluma view , Sonneveld , South Crest , Southdowns Estate , Spaarwater , Springs , Spruitview , Strubenvale , Struisbult , Sunair Park , Sunward park , Tamboville , Tedstone Ville , Terenure , The Stewards , Thokoza , Tsakane , Van Dykpark , Van Ryn S/H , Vergenoeg , Verwoerdpark , Villa Liza , Vischkuil , Vosloorus , Vosloorus Ext 31 , Vredebos , Vulcania , Watervalspruit , Welgedacht , Westwood AH , Windmill Park , Witfontein , Withok Estates , Witpoort Estates , Zonkizizwe


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