4000 m² Hotel in Villieria

R 14 100 000

Philip Kruis

Jawitz Properties-Northern Pretoria

4000 m² Hotel in Villieria

R 14 100 000

1067 nico smith street
Can I afford this?
29 Beds
14 Baths
Floor Area 4000 m²
Land Area 2494 m²
Rates R 10366

Property Features:

The main building's ground floor comprises the following shops:

• Liquor store (with storerooms) Rental income: R 8 771.93

• Hotel entrance foyer / reception Occupied by owner

• Newly renovated restaurant Rental Income: R17 232.32

• Modern pub Rental Income: R 8 771.93

• Barber shop Rental Income: R 2 192.98

The 1st floor is currently utilized fully as a hotel that consist out of the following:

(Completely renovated to high standards)

• 19 x single rooms (Each room hosts build-in cupboards and wash basin)

• 6 x rooms with en-suite bathrooms

• 4 x rooms with showers and toilet

• 4 x Communal bathrooms

• 20 parking bays along Nico Smith Street

• Additional street front parking along 30th avenue (Not demarcated).

• Inside the property from Nico Smith Street there is double covered parking

• 2 garages and ±125m² of additional covered parking available.

• There is a tandem covered parking accessible from 30th avenue.

• Rights were granted to build another 4 floors.

• 4 Liquor licenses and 1 gambling license included in sale.

• Zone 6: Business 1 (Examples: Guesthouse, hostel, retail industry, show room, veterinary clinic etc.)

Ideal for student accommodation!

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Key Property Features

14
Bathrooms
29
Bedrooms
2
Open Parkings

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Experience Moot

Pretoria Moot is North of central Pretoria. It is bordered by Meintjieskop to the south, Skurweberg or Vlakkopies to the north. The Pretoria Moot area has a strong sense of community with generations returning to live in the unique ‘urban village’ setting. The current Home Owners and Residents Association strives to maintain the restful atmosphere and currently employs a private security company, on behalf of the residents, to aid with crime prevention. This is proving to be effective and is supported by the South African Police. This unique atmosphere and the semi – rural setting of the suburb contribute strongly to its ongoing popularity and good capital growth. A further unique factor is the Academic Hospital which is located 3kms beyond the area. A number of specialising doctors leave and arrive annually and seek to buy property close to the hospital for the period of their specialisation.

Carls Coffee in Moot
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4000 m² Hotel in Villieria

R 14 100 000

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