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Description

EXCLUSIVE GUEST HOUSE BUSINESS OPPORTUNITY!

CONVENIENTLY situated in the Prime ‘green’ suburb of Eastleigh Ridge, Edenvale, Johannesburg, and surrounded by various other significant neighborhood businesses, this valuable property and business is situated minutes away from OR TAMBO INTERNATIONAL AIRPORT, and other major Malls, Centers and Business Centers.  .

BUSINESS and Leisure Guests are accommodated in upmarket units situated within a well established garden.  . Comprising a variety of well appointed Guest Rooms and Suites, – various comforts and conveniences such as :

Double Bed Rooms, Egyptian Cotton Linen, Plush Towels, Mod Bathrooms with Therapeutic Column Showers, Flat Screen satellite TV, Fridge, Nespresso Coffee Machine, Kettle, Microwave, Toaster, Digital Safes, etc…  

Other facilities that ensure a most pleasant stay are :  .

  Secluded Outdoor Rest Areas,  .BBQ Area,  .Bar Area,  .Secure Parking,  .Dining  Areas,  .Office Space,  .Adaptable Small Conference Room,  .Self-catering or Bed & Breakfast Facilities, . nearby Shopping Malls (Greenstone) and easy access to major linking Highways.  .Airport or Shopping Transfers and Transport is available. .

– all within a wellsecured Gate Access Controlled neighborhood!

Currently yielding approximately 13% Return on Investment (ROI) – 6 Rooms. .

Early Projected Operating Profits yield a firm 19% ROI (as supplied) – 8 Rooms.

(Based on < 50% occupancy). .

Huge Potential for expansion utilizing the Main House Rooms an facilities (currently occupied by owners.) .

 

The facility is sold as a running concern,  fully equipped with Furnishings, Fixtures and Fitting and Inventory. Agreements are in place with various BOOKING AGENCIES. .

The HUGE,  well maintained,  property has great scope for further development and will always prove to be a valuable Investment in it’s offering and returns. …

This Property is perfectly suited to continue as the well-established Guest House that it is,  ,or any further Development where Rental Accommodation are pre-requisites,  ,due to it’s Strategic Location and positioning.  ..

Application for Re-Zoning will be favorably considered due the existing Consent Use agreement, which can allow for Multi-use – therefore enhancing it’s Investment potential.  .

It is anticipated,  ,that at this price,  ,this property will soon be sold due to the Investment level potential and it’s offerings.  ..

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Details

Updated on February 23, 2021 at 3:55 pm

  • Reference #: 1320978
  • Price: R3,799,000
  • Suburb / Town: Edenvale
  • Property Type: Guest House / Hotel
  • Building Size: 450.0 ㎡
  • Stand Size: 1895.0 m²
  • Rates & Taxes: R 1200

Additional Features

  • Office Size:4m²
  • Storage Size:16m²
  • Parking Open Size:8m²
  • Parking Covered Size:6m²
  • Mandate Price:total gross price
  • Floors:1
  • Grade:- A
  • Coverage:21%

    Address

    21 Hudson Avenue

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