NEW
Web Ref JCL1168
R15,000,000
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Monthly Rates
R14,736
R14,736
Welcome to this Investment opportunity within the Heart of Germiston!!
This exceptional property is currently operating as an apartment complex for corporate clients – staff training and/or working in Germiston and surrounds. Located in the heart of Webber, Germiston, the Estate offers 38 fully furnished apartments with en-suite bathrooms, providing the options of Guesthouse, Airbnb, Corporate accommodation (Eskom and Transnet employees), Hospital staff/students, Business travellers, and/or Students from nearby institutions.
Property Highlights:
• 38 Spacious 40m² Apartments, each with a bedroom, small flat screen TV, open-plan kitchenette, study/workstation desk, en-suite bathroom (shower, toilet and basin), and access to shared microwaves in the walkway.
• Clubhouse/Entertainment Area with a reception area, large dining area (+/- 160m²), catering kitchen, guest loo, and laundry facilities.
• Splash/Plunge Pool for relaxation and enjoyment.
• 15 Open Parking Bays, with additional space available for more vehicles.
Additional Features:
• Backup Water Supply: 30,000 litre tanks.
• Backup Power: 80 KVA generator for uninterrupted service.
• Fibre Internet for fast and reliable connectivity.
• Security: Electric front gate, 24-hour armed response, and a dedicated wooden guardhouse for added peace of mind of a night guard.
Rental Income Potential:
• Daily rates range from R600 to R725 for single or couple occupancy.
• Additional Revenue Streams: Breakfast services, Restricted room service from 5pm to 8pm, Vending machines, and Event hosting in the dining/entertainment area.
Note!! This property is currently Zoned as Residential but is operational as a Guesthouse/Corporate accommodation.
Situated close to:
• Germiston Lake (400m)
• Boston City Campus (2.5km)
• Ekurhuleni West College (3km)
• Ekurhuleni City College (2.0km)
• Bertha Gxowa Hospital (1.7km)
• A variety of schools within 1–3km.
This well-maintained and operational apartment estate offers immediate income, multiple income streams, and future expansion and growth potential. Whether you are an investor, entrepreneur, or looking to expand your hospitality business, this Estate offers a secure and lucrative venture.
For more information or an appointment to view, don't delay - Call me now!!
Property Highlights:
• 38 Spacious 40m² Apartments, each with a bedroom, small flat screen TV, open-plan kitchenette, study/workstation desk, en-suite bathroom (shower, toilet and basin), and access to shared microwaves in the walkway.
• Clubhouse/Entertainment Area with a reception area, large dining area (+/- 160m²), catering kitchen, guest loo, and laundry facilities.
• Splash/Plunge Pool for relaxation and enjoyment.
• 15 Open Parking Bays, with additional space available for more vehicles.
Additional Features:
• Backup Water Supply: 30,000 litre tanks.
• Backup Power: 80 KVA generator for uninterrupted service.
• Fibre Internet for fast and reliable connectivity.
• Security: Electric front gate, 24-hour armed response, and a dedicated wooden guardhouse for added peace of mind of a night guard.
Rental Income Potential:
• Daily rates range from R600 to R725 for single or couple occupancy.
• Additional Revenue Streams: Breakfast services, Restricted room service from 5pm to 8pm, Vending machines, and Event hosting in the dining/entertainment area.
Note!! This property is currently Zoned as Residential but is operational as a Guesthouse/Corporate accommodation.
Situated close to:
• Germiston Lake (400m)
• Boston City Campus (2.5km)
• Ekurhuleni West College (3km)
• Ekurhuleni City College (2.0km)
• Bertha Gxowa Hospital (1.7km)
• A variety of schools within 1–3km.
This well-maintained and operational apartment estate offers immediate income, multiple income streams, and future expansion and growth potential. Whether you are an investor, entrepreneur, or looking to expand your hospitality business, this Estate offers a secure and lucrative venture.
For more information or an appointment to view, don't delay - Call me now!!
Features
Zoning
Commercial
Title
Freehold
Exterior
Security
No
Sizes
Floor Size
2,000m²
Land Size
2,717m²
