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Black South Africans Buying More Residences

According to FNB's first quarter 2010 survey of estate agents, residential buying is down quarter-on-quarter, but an interesting trend is developing in the residential sector as the Black population group's residential buying has hit an all-time high, while the White population, at the other end of the spectrum, has hit a record low.

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Hotel For Sale

A Business for Sale in Alberton, Gauteng

Priced at R25,000,000


* Based on today's foreign exchange rates

Property Code: 11450
RetailHotel Mix,Groundfloor and two storeys.Hotel renovated with 44 Rooms and Restaurant 240m2.Shopping centre under Hotel with 19 Shops,only two vacancies.Hotel 50% occupancy.
YIELD 15.80%



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