R 600.000
DESCRIPTION OF THE PROPERTY: NEWLY REFURBISHED PROTEA HOTEL PARKTONIAN ALL SUITE FOR THOSE WHO PREFER A SUITE ACCOMODATION! Welcome to a rare property investment that IMPROVES ITSELF... MANAGES ITSELF... MARKETS ITSELF... MAINTAINS ITSELF... Self -sufficiency can be very rewarding. - The Protea Parktonian Hotel boasts the most spacious hotel guest rooms in Johannesburg - 300 suites in total, all similar in size, most with personal bar, mini-safe, radio, colour TV & air conditioning. New Electronic key card locks have recently been installed - 4 star standards - The hotel is accessed via a forecourt & attractive entrance portico - A subsidiary entrance links the adjoining parking garage via covered walkway; garage, via covered walkway. - The foyer is attractive, spacious & tiled in Italian marble. - The "Meridians" cocktail Bar is open all day, and the "Orchard" restaurant is open all day, for meals, coffee and snacks. - Substantial conference complex, one of the most comprehensive in Johannesburg - The adjoining parking garage is owned by the hotel, on leasehold, and provides 440 covered parking bays for public and hotel use. - The hotel has its own indoor pool, and hotel guests have access to the adjoining civic Recreation Centre featuring squash courts & gymnasium. (The intention is to construct a small gym within the hotel itself, for the guest's exclusive area) - The hotel has extensive back-of-house facilities (required by any establishment of this size), including offices, staff changing rooms, staff canteen, kitchens, store rooms, maintaince workshops, 5 Conference venues and 7 Boardrooms, this property has the capacity to contain conferences in excess of 450 delegates etc. - Recently new computer hardware & software (Fidelio/Micros/Accpac) & new electronic key card locks have been leased as operating expense items. - The Protea Parktonian has made a feature of offering exceptional security & this has been an important factor in the hotel's success. WHAT EACH SECTIONAL TITLE UNIT COMPRISES: - 55sqm including 7sqm balcony - Living room: TV cable & leased TV (DSTV), sette, coffee table, corner table, armchair, lamps - x1 Bedroom: double bed or twin singles, bedside table, suitcase rack, cupboard, lamps, dressing table & stool - x1 Bathroom: bath, vanity & basin, W.C - Kitchenette: Top & high-level unit, desk & 2 chairs - Personal Bar - Mini-safe - Radio - Central heating - 2 Telephones - Hairdryer - Wireless connectivity - 24 Hr Housekeeping - Room Service - Air conditioning - Electronic key card locks NB: Ownership of the built-in-fittings, equipment & furniture in that suite (UNITS ARE SOLD UNFURNISHED, The furniture is supplied by the Management Company to the Income Pool to be able to operate as the Hotel.) Ownership of 1/300th of the public rooms, restaurant, bar, conferencing areas, & back-up areas such as kitchen, storerooms & staff areas. This ownership comes as a result of all these areas being classified as "common areas" in terms of the Sectional Title Act, such that the revenues generated in these areas, & costs associated with these areas, & costs in generating such revenues, will be apportioned equally between the 300 suite owners. UNIT IS SOLD UNFURNISHED. UNIT IS SITUATED ON THE 12TH FLOOR. Internal Agency Ref No:ZZ00005261 # Kitchen: 1 # Parking: 1 Has Pool Security Features: Security, Security Fence, Security Lights, Gated S Property Reference #: 3139053 Nearby Places/Vicinity: HOTEL LOCATION: - Situated between the main Johannesburg CBD, and the substantial commercial area of Braamfontein & Parktown. - 120 De Korte Street, Braamfontein, Johannesburg 2001 - Close proximity to the M1 Highway, giving quick access to the main Johannesburg International Airport, (approx. 25 minutes). - The M1 also gives easy access to the nodes of Rosebank & Sandton - Of all prominent Johannesburg hotels; the Protea Parktonian offers the easiest access to the new major tourist attractions: - Constitution Hill (2 minutes); - Newtown Cultural Precinct (5 minutes); - Soweto (15 minutes). - With the Gautrain that is complete, the hotel is the nearest major hotel to the Johannesburg central Gautrain Station. Agent Details: Michelle Mareë Inyameko Properties 8 Stonehill, 28 Serissa Avenue, Roodekrans Sandton


1 reviews

Add to your favorite ads
Accept terms and conditions and privacy policy

Avoid frauds by contacting local ads only, and if possible try to collect the item by person. Do not be persuade by those who dispatch from another country or that request you to be paid by check or MoneyGram / ​​Western Union / Efecty, without any guarantee. We recommend you to read our safety tips.

Related videos youtube

Free Classified ads - buy and sell cheap items in South Africa | CLASF - copyright ©2019