4000 m² Commercial space in Villieria

R 14 400 000

Corne van der Merwe

RE/MAX-Infoglobe Brooklyn

4000 m² Commercial space in Villieria

R 14 400 000

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

Double storey: Groud floor retil and first floor residential/hotel rooms

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

* liquor stor (with storerooms) Rental income R8 771.93

* hotel entrance foyer / reception occupied by owner

* newly renovated restaurant Rental Income R17 232.32

* Modern pub Rental income R8 771.93

* Barber shop Rental income R2 192.98

THE FIRST FLOOR IS CURRENTLY UTILIZED FULLY AS A HOTEL THAT CONSISTS OF THE FOLLOWING

* 19 x single rooms (each hosts build-in cupboards and wash basins)

* 6 x rooms with en-suite bathrooms

* 4 x rooms with showers and toilets

* 4 x communal bathrooms

There is a total of 20 parking bays along Nico Smith Str with additional street front parking along 30th avenue (not demarcated). Inside the property from Nico Smith street there is double covered parking, 2 garages and estimated 125m2 of additional covered parking available. There is a tandem covered parking accessible from 30th avenue.

Rights were granted to build another 4 floors.

Inclusive in the sale is 4 Liquor licences and 1 Gambling license included in sale.

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

Ideal for student accommodation!!

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Key Property Features

14
Bathrooms
29
Bedrooms

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Corne van der Merwe

Corne

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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.

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4000 m² Commercial space in Villieria

R 14 400 000

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