99% of Approved rights in place for guesthouse in Kempton park , all that is outstanding is the fire safety engineering report which will be paid by the seller. Currently the premises offers 5 rooms fitted with their own kitchens and bathrooms “ all rooms fitted with its own pre-paid meter . Current rental roll received is R 20 000pm. Plans have been approved for 12 rooms in total that can be build .Property also has a functional borehole . New owner can build according to Architects drawings. Total projected rental income for all 12 rooms once build is R45 000 if you lease out on a monthly basis .Call Wayne for viewing .
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