NEW
Main Rd exposure
Lots of parking
Long term Company
Office space
Reception
All rooms are en-suite
Balconies in some rooms
Multiple Single beds
Lounge area
Catering kitchen
Licensed Pub
Huge street exposure
22 Bedroom Hotel For Sale in Ferndale
R7,490,000
361 Main Avenue, Ferndale, Randburg
Monthly Bond Repayment R74,778.65
Calculated over 20 years at 10.5% with no deposit.
Web Ref
RL1593
Monthly Rates
R3,595
22 room Hotel to invest in
This Hotel packs a punch with a Borehole for water, a long-term company tenant, overnight accommodation, long- and short-term residents, and online bookings.
There are 42 beds in total, with occupancy at approximately 70%.
It has 2 floors, with an unused lift shaft, should you require it
A restaurant and licensed bar will bring in additional revenue. The bar often hosts sports viewing get-togethers and socials.
This Hotel is a landmark in the area and continues to serve its occupants.
There are 42 beds in total, with occupancy at approximately 70%.
It has 2 floors, with an unused lift shaft, should you require it
A restaurant and licensed bar will bring in additional revenue. The bar often hosts sports viewing get-togethers and socials.
This Hotel is a landmark in the area and continues to serve its occupants.
Features
Pets Allowed
No
Interior
Bedrooms
22
Bathrooms
23
Kitchen
1
Reception Rooms
4
Study
2
Furnished
Yes
Exterior
Security
No
Parkings
20
Flatlet
1
Domestic Accomm.
1
Pool
No
Sizes
Floor Size
833m²
Land Size
1,754m²
Sharon Hamlet
Non-Principal Property Practitioner Registered with PPRA(FFC 1162804)
Cell 0833515693
Office 011 462 1984