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Rezoned 4 Star Graded Guesthouse

R 7,999,995

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General Details
For Sale By:Agency
Dwelling Type:Other
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):1800
Parking:Garage
Description
Welcome to your investment!

Boasting serenity, this rezoned traditional guesthouse situated on 1 hectare of land in bustling precinct of Midrand, Johannesburg, and Centurion offers a 9-bedroom Guest House / B&B alongside a 3-bedroom private farm house on borehole and inverter. Fully booked for atleast 2 months ahead consistently shows why it would be the best offer for the avid investor as this oasis offers a prime location for hospitality and business endeavors.

Designed with guest comfort in mind, the Guest House features beautifully established gardens with the Pride of India in full bloom.

The Guest House is fully rezoned offering:
9 modern and spacious bedrooms suites each with en-suite showers
Accommodates a total of 22 guests. Additionally, there are 8 undercover parking bays for convenience
Expansion possibilities include 7 approved king-size suites on plan under completed rezoning
A conference room hosting 40 delegates conference room on site with overhead projector and OV screen
A spacious dining room, fully equipped kitchen, guest en suite shower & toilet,
A Fitness centre, complete with gym equipment, Sports massage area, full gym, bicycle, treadmill etc.
All spaces can be seamlessly integrated into the guest lodge or utilized for private purposes.
In addition, the property encompass a 3-bedroom, 2-bathroom Farmhouse with a private swimming pool, double garage.

Various additional features such as an automatic borehole, septic tank, sprinkler system, Inverter for power backup, bar area, picnic area, and swimming pools add to the appeal.

The property is sold fully furnished, allowing for seamless business operations transfer. It presents versatile uses from hosting events like weddings and parties to providing fine dining experiences or transforming into training facilities including overhead projector, screen or a wellness centre, student accommodation.

With a 4-star Grading certificate from the Tourism Council of South Africa, this property offers an exceptional opportunity for discerning investors.

Call to discuss the sale of this CC and property company

Has Pool
Property Reference #: PTR1564

Agent Details:
Mary Sakoane
PropertyTime
Midrand

Id Subtitle 1301872832
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Estimated monthly repaymentR 86,697
Total property loan amountR 7,999,995
Total interestR 12,807,168
Total repaymentR 20,807,163
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Selling for 6+ months
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