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Description

A property with charm and character! Situated on a beautiful tree-lined street within the sought-after area of the RRA. The Randpark Golf Course and Fairway Hotel & Spa are a stone’s throw away.

Potential Annual Turnover (6 Suites) of R1.8m pa with Gross Margin before tax of R1.1m pa.

Estimated 600m2 under roof. The property consists of 6 magnificent suites. 5 guest suites (each with their own private entrance) have their own ensuite bathroom (with shower) and kitchenette. The 6th Suite (where the owner currently resides) features a spacious 2nd-storey apartment with 2 bedrooms, 2 recently-renovated bathrooms, open plan lounge/ dining/ kitchen with closed combustion Morso fireplace, dining room and a large patio area.

Downstairs consists of 2 offices, a scullery, pantry, laundry, 2-bed staff quarters, double garage, closed-in carport and shaded parking for up to 9 cars.

Beautiful gardens surround the buildings and consist of mostly of low-maintenance, water-wise plants. A sparkling blue, solar-heated pool completes the picture. 

Extras include: Solar and Backup Power System (20 Panels giving 5100 Watts, 5Kw Inverter, Lithium-ion batteries); JoJo tanks/ Rainwater Harvesting System (17000 lts) with Pressure Pump and Water Filtration, Automated Garden Irrigation System, Koi Pond, 10 Air Conditioners, 4 gas geysers, CCTV System, Full alarm system linked to Armed Response, Electric fencing; Fibre Internet installed with routers and access points throughout the guest house for seamless WiFi. DSTV and Netflix.

The guesthouse has been operational since August 2017 and is frequented by many business travellers, foreign tourists, medical professionals, golfers and holidaymakers. It is the recipient of many awards such as best B&B award and 9.5 rating on all booking sites. Awarded a 4-Star grading by the Tourism Grading Council of South Africa and various others.

The business will be sold along with the property, as a going concern: including all furniture, staff, clients, booking systems, etc. A turn-key package that will allow you to seamlessly take over a successful, thriving business and make it your own. 

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Details

Updated on May 26, 2023 at 2:41 pm

  • Reference #: 1350860
  • Price: R6,000,000
  • Suburb / Town: Randburg
  • Property Type: Guest House / Hotel
  • Building Size: 600.0 ㎡
  • Stand Size: 1750.0 m²
  • Rates & Taxes: R 1505

Additional Features

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