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R16,000,000

Visagie Street Unit H Pretoria Central

PRETORIA CENTRAL | HOTEL FOR SALE | PRETORIA

PRETORIA CENTRAL | HOTEL FOR SALE | PRETORIA

PRETORIA CENTRAL | HOTEL FOR SALE | VISAGIE STREET | PRETORIA

Pretoria Central is a thriving residential and commercial district, home to a plethora of amenities and commodities. This mixed use property has an excellent central location on Visagie Street, based within Pretoria Central. This mixed used property offers a great investment opportunity as it can either be used as a hotel or it can be converted into student accommodation.

Currently, the building is being utilized as a hotel within the area. This hotel features a wonderful, welcoming sense of arrival via a reception area complete with 33 rooms, with some offering full on-suite bathrooms. Additionally, the hotel offers an entertainment area complete with a nightclub and braai facilities outside for hotel guests. Hotel guests will also have the benefit of access to a canteen facility with a commercial kitchen, communal ablution, and access to an on-site laundry room.

The unit can be converted to a student accommodation set-up as the surrounding area hosts multiple student attractions. These attractions include Tshwane University of Technology (TUT), University Of Pretoria, University Of South Africa, Unisa campuses, and several medical clinics where internships can be done. Other attractions also include several nightclubs, bars, take-away shops and retail centres.

This fully fenced premises has been secured with a CCTV Camera system and on-site security. The property has a paved yard area which provides easy access to small trucks along with parking. Pretoria Central is home to multiple, popular businesses within close proximity of the property. This includes Pretoria West Show grounds, Police Department, Tshwane Events Centre, car dealerships, KFC, McDonald's, and so much more. Hotel guests or Students will have access to good public transport provided by several bus stops along with the Pretoria Transit Station conveniently located within walking distance of the property. The property has easy access to a network of main arterial routes leading to the R101 or R104 free ways that provide easy access to the surrounding suburbs.

HOTEL
On-site offerings:
- Reception
- 33 Rooms
- Night club
- Kitchens
- Staff rooms
- Office area
- Canteen
- Laundry room
- Braai area
- Safe parking

Disclaimer: All amounts exclude VAT and while every effort will be made to ensure that the information, including but not limited to only DEPOSIT AMOUNTS, contained within all our listings are accurate and up to date. We make no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein. Deposits are subject to change without prior notice.

Features

0
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Title:
Freehold
Building Name:
Visagie Street
Zoning:
Commercial
Interior
Air Conditioning
Yes
Exterior
Security
Yes
Sizes
Floor Size
3,000m²
Land Size
2,892m²
Building Height
8m
Extras
HOTEL  • On-site offerings:  • - Reception  • - 33 Rooms  • - Night club  • - Kitchens  • - Staff rooms  • - Office area  • - Canteen  • - Laundry room  • - Braai area  • - Safe parking  •   • Property can be converted

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Disclaimer: All amounts exclude VAT and while every effort will be made to ensure that the information contained within the API Property Group website is accurate and up to date, API Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

227,247.13

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