Gautrain Station Investment Property

The hotel is situated on a stand of 637sqm with a GLA of 1462sqm, the property is unbelievably positioned opposite the new Gautrain Station.
The property boasts:

• 17 Budget Rooms
• 9 En-suite rooms
• Beautiful reception area
• Spacious Dining room
• Entertainment stage above the dining room
• Relaxing lounge
• Pub and Grill
• Enclosed fireplace with outside entertainment area
• 2 x well-equipped bars
• Functional kitchen
• Refurbished bathrooms
• Advertising board for supplemental income

Expenses:

Rates and Taxes - R8700p.m
Lights and water- R5500p.m

Potential:

• Although the property is a heritage building, with the right connections in Government or council, and a bit of money, council would most certainly look at relaxing the heritage law.
• As is clearly pointed out in the Google earth image, the property is directly opposite the train station and new developing Gautrain station. The property could not be in a more ideal location!
• The remaining properties on the block have already been sold and a multi-storey office block is about to be developed.

Macro-area Analysis:

The property is located in Berea, Pretoria. As mentioned previously, the main focal point of the property is its close proximity to the Railway station and soon-to-be new Gautrain station. The area is made up of a mix of a residential flats and retail shops and foot traffic in the area is high. With the property’s close proximity to major highway routes, access to and from the property is extremely easy and convenient. The Pretoria CBD is a stone-throw away from the property.

Nearby amenities include:

• Berea City shopping Centre
• Railway Station
• Thutong learning Centre
• Oos Eind laer skool
• S.A.P.S
• Sanlam shopping Centre
• Tramshed shopping centre
• Human Science research council building
• Medforum Clinic
• Freedom Park
• Government buildings

*for property address and additional property information please contact agent.