Commercial Sale in Halfway House - Z14674, 118 Tonetti Street

R 11,000,000 (neg) R 98,969.86 per month
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Attorney in this Area
Lombard Muller & Vennote Inc

Tip when buying: Before you make an Offer to Purchase, make sure you`ve inspected the property for any defects. Make a note of these for the seller to correct at their own cost.
Visit Lombard Muller & Vennote Inc's page.

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Property Details

  • 38 bedrooms
  • Air con
  • Commercial
  • Built-in Cupboards
  • Yes parkings
  • Access Gate

Property Description

GOING CONCERN: Very popular and conveniently located accommodation with 38 rooms and 6 conference venues in the heart of Midrand CBD. Situated 1.5 km from Gallagher Estate Convention Centre and Growth Point Park, which houses Nissan Training Centre, Medical Care, Nike SA, Beckman Coultar, Siemens Training Centre, Panasonic and some more.

Ogilvy's Lodge and Conference Centre offers guests affordable accommodation and is situated close to the Gautrain station, Boulders Shopping Centre with all the major banks and clothing stores and other amenities.

The Final Whistle restaurant and sports bar, also situated on the premises, offers live music on occasion and the facilities make it ideal for hosting events such as 21st birthday parties and year-end functions. The sports bar is equipped with 5 plasma screens and during the year, rugby, cricket and soccer events have become very popular, where friends and families are being entertained during major sporting event.

Description: Portions 47, 48 and 49 of Erf 30 Halfway House
Situated at: 118/128 Tonetti Street, Halfway House
Area of property: 6563m
Area of building: 4500 m
Turnover of R9 Million
To be sold with or without buildings. Price includes buildings only. Goodwill to be sold additional.
Bank valuation on fixed property only: R16,500,000.00

Contact: Louwrens Cell: [removed]
Hermien [removed]/5

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