INVESTMENT OPPORTUNITY - HIGH POTENTIAL FOR GREAT RETURNS

56 Rooms & 7 En-Suite Rooms Currently used as Short Term Accommocation Close to Maboneng & M2 Highway ADDRESS: 4 Auret street. ERF NO: 37 ERF SIZE : 488 square metres, TOWNSHIP: North Doornfontein. ZONING: Industrial 1. FLOORS: Three storey This impressive property spans almost an entire city block, featuring multiple buildings that host a total of 458 units. The complex includes: - 291 rooms - 13 bachelor flats - 132 two-bedroom flats - 10 three-bedroom flats - 12 four-bedroom flats - 3,384square metres of commercial space A versatile three-storey building that presents a unique investment opportunity. The ground floor features a well-equipped kitchen and dining area alongside an office space, ideal for management or administrative purposes. The upper two floors consist of an open-plan layout with a total of 56 rooms and 7 en-suite rooms, divided using drywall partitions, making it suitable for various uses. Each floor is equipped with shower and ablution facilities for convenience. Rooms are available for rent on a daily or weekly basis, catering to both short-term and long-term stays. Additionally, there is ample parking available via a vacant municipal plot conveniently located within the boundary walls of the property, enhancing accessibility for guests and visitors.