This landmark property in the heart of Geduld, Springs is an excellent investment opportunity. It is a three-story building with 22 rooms, each with a bathroom, situated on the 2nd & 3rd floors as well as a laundry room. On the ground floor it has a large foyer that hosts the reception. A bar with pool tables and toilets, currently not in operation. A fully functional bar with pool tables. A ladies bar and restaurant, currently not operational. Large kitchen currently not operational and a large cold room. This hotel has the potential to generate a good income, please book your viewing today.
The city of Springs lies on the outskirts and to the east of Johannesburg, considered by many as a 'suburb' of the city of gold - 50 kilometres is nothing when driving across Jo'burg - where it lies nestled in amongst the compatriot areas of Benoni, Boksburg and Brakpan, known collectively as the East Rand.
Much of Springs' allure lies in its history - steeped in gold - and the fact that a number of famous South...
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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
