Loft in Maboneng

R 553 000

Richard Berold

Propertuity

Loft in Maboneng

R 553 000

701 main street life, 287 fox street
Can I afford this?
1 Beds
1 Baths
Floor Area 35 m²
Rates/Levies R 1189

A unique opportunity to own a hotel apartment in the 12 Decades Hotel in the heart of the Maboneng Precinct. The hotel apartments come fully furnished with a lease in place from the hotel operator.

These are great investment with a net yield of +/- 9%.

The 12 Decades Johannesburg Art hotel chronicling the history of Johannesburg from 1886- 2006 with rooms designed and conceptualized by some of South Africa’s most celebrated artists and designers.

Situated in the heart of Johannesburg CBD, in the newly developed cultural Precinct, Maboneng, our hotel in Johannesburg is a perfect recreation and business destination.

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Key Property Features

1
Bedrooms
1
Bathrooms
1
Dining Areas
1
Lounges
Access Gate
BIC
Finishes
Furnished
Scenic View

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Loan Value (Capital) R 0
Total Interest R 0
Total Repayment R 0
Interest at 10.25% for 20 years
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Experience Johannesburg CBD and Bruma

The Johannesburg CBD encompasses a vast area, ranging from the affluent areas like Linksfield, to more affordable areas like Hillbrow and Bruma. After years of being seen as a no-go area by many, the city centre has bounced back to being in demand again. A massive urban regeneration project has seen money pumped into the area and occupancy is up and crime is down - a sure sign that it's working. The Maboneng precinct, for instance, now attracts a hip, arty crowd to its bars, restaurants, shops and art galleries.

The Observatory Golf Club in Johannesburg CBD and Bruma
Find out more about Johannesburg CBD and Bruma

Loft in Maboneng

R 553 000

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