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Investment Opportunity, Boarding Hostel, PE - #I-1852
Multi-Storey Lodging House, Centrally Situated, North End
ZONED: BUSINESS 1 DO2 BOARDING / LODGING HOUSE
Ground Floor
TV Room
Laundry Room
19 Bedrooms
10 Bathrooms
4 Kitchen Units
First Floor
32 Bedrooms
10 Bathrooms
7 Kitchen Units
Second Floor
11 Bedrooms
4 Bathrooms
3 Kitchen Units
Third Floor
11 Bedrooms
4 Bathrooms
3 Kitchen Units
Additional Information
50% Occupancy
Ground Floor Burglar Proofing
Biometric Access Control
The Building Is Managed By Trafalgar Property Management Pty Ltd
Lease Agreements Available On Request
Auctioneers Note
The purchaser is liable for the outstanding municipal account of ±R420,000.00 over and above the purchase price
Item Specs
| Bedrooms | 73 |
| No. of floors | 4 |
| Size | Land 684m² / Buildings ± 2736m² |
| Title deed number | T13624/2011 |
| Diagram deed number | T12893/1992 |
| Municipal land valuation | R9,000,000.00 |
| Monthly rates | R14,605.50 (per month) Purchaser Is Liable For All Arrear Rates & Taxes Over And Above The Purchase Price - Statement Attached |
| Erf No. | 3487 North-End |
| Street No. | 2 |
| Street Name | Lavinia |
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