R12 500 000
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ZONED UPMARKET COMMUNE IN ARCADIA FOR SALE, 200 M FROM USA EMABASSY
999 Pretorius Street
Commercial Property in Arcadia For Sale
999 Pretorius, Street
ZONED UPMARKET COMMUNE IN ARCADIA FOR SALE, 200 M FROM USA EMABASSY
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ZONED COMMUNE WITH 39 BEDROOMS FOR SALE.
Located on Pretorius Str within 200 meters from USA Embassy & Thai Embassy. The correctly zoned commune consists of 3 different buildings, 39 bedrooms, some rooms with en-suits, 11 bathrooms, offices, storage, caretaker`s quarters, TV room with pool table and parking for 35 cars.
This profitable business can accommodate 45 students and enjoys a near-full occupancy. Somr rooms can be devided to double rooms and occupncy.
The income figures, Zoning certificate, building plans, and all other relevant documents are available on request to serious investors looking at an ROI above 12%.
A seperate large commercial kitchen on the premisses can be utilized to offer takeaways for the students in the area as Hatfield Square is some 10-15 walk away. The commercial kitchen catering equipment available to purchase seperately.
VAT or Transfer Duty is excluded and will be applicatle to the purchase of this property.
Bond Payments | R |
Mun. Rates & Taxes | ZAR 10,786 |
Web Ref | RXCD-8459 |
Property Type | Commercial Property |
Building Size | 1375m2 |
Erf Size | 3261m2 |
Bedrooms | 39 |
Bathrooms | 14 |
Buks van der Linde
Intern Agent
RE/MAX Jacaranda (Faerie Glen)
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