Located in the heart of Johannesburg's CBD, this hotel offers a prime location for business and leisure travelers. The property features a range of retail spaces and accommodation options.
The hotel's strategic location makes it an ideal choice for those looking to explore the city's vibrant culture, entertainment, and business hubs.
Retail Store Total Rental Income Is R81,533.05 (incl. VAT)
- Shop 1: No tenant
- Shop 2: R7,056.50
- Shop 3: R7,187.40
- Shop 4: R5,000
- Shop 5: R6,957.40
- Shop 6: R7,863.55
- Shop 7: R7,320.20
- Shop 8: R1,404.00
- Shop 9: R10,000
- Shop 10: R3,564
- Shop 11: R9,180.00
- Church: R9,000
- Shop on Second: R7,000
The hotel's accommodation options are spread across multiple floors, offering a variety of rooms to suit different needs.
-6th Floor has 11 rooms (10 rooms x R560 and 1 single room @ R170 which equals to R 5 770 in rental income)
-5th Floor has 12 rooms (11 room x R560 and 1 single room @ R170 which equals to R6 330 in rental income)
-4th Floor has 12 rooms (11 room x R560 and 1 single room @ R170 which equals to R6 330 in rental income)
-3rd Floor has 12 rooms (11 rooms x R560 and 1 single @ R170 which equals to R6 330 in rental income)
Each room comes with its own TV and toilet, ensuring a comfortable stay for guests.
The hotel features a lift for easy access to all floors, making it convenient for travelers with luggage or mobility concerns.
The lower floors feature unique spaces, including a hall on the 2nd floor and a church hall on the 1st floor, perfect for events or gatherings.
This hotel is a rare find, with its beautiful setup and prime location, offering excellent value for money.
Whether you're traveling for business or leisure, this hotel has everything you need for a comfortable and enjoyable stay.
The hotel's amenities and services make it an ideal choice for travelers looking for a home away from home.
With its unique blend of retail spaces and accommodation options, this hotel is a great investment opportunity for investors.
Book your viewing now to experience the best of Johannesburg's CBD and to purchase the property of your dreams!!!