Boutique Hotel in the Heart of Rivonia – Sandton

Price: R18,000,000.00

Property Description

  • ASKING PRICE EXCLUDES 15% VAT
  • 14 Guest rooms all with en-suite bathrooms and outdoor patio or balcony
  • Approved zoning for Guesthouse use with planning permission for expansion to 20 rooms plus manager/s accommodation
  • Additional 2 bedrooms, 1 bathroom en suite, lounge, dining room and office utilized for management
  • Additional separate street entrance with 3 garages & 2 storerooms
  • Guest lounge, bar area and dining Room
  • Beautiful well established garden with cascading pool & outdoor lounge/lapa
  • 14 Undercover carports with ample additional parking
  • Full Kitchen with separate laundry
  • All Solar Geysers with borehole with 200 000 liters storage tanks
  • Top security including IP cctv and attractive burglar bars, etc
  • 7.5 Kva UPS and 7.5 Kva generator for lights & WiFi main TV
  • Fibre Internet WiFi uncapped up to 100 mbps
  • Persian carpets and original art works throughout, exceptional attention to detail
  • Mainly Established Corporate Clients 100% pre-paid, no debtors
  • Highest occupancy to room rate in the area with exceptional reviews, TripAdvisor Booking.com
  • Being sold as a going concern

Quick Summary

Property ID:
1976
Property status:
Sale
Property type:
,
Bedrooms:
15
Bathrooms:
14
Area:
4046.00 m²
Parking place:
17
Property Features:

Map

Contact Agent

Terry Mills
Terry has been in the Commercial real estate industry since 2000. Prior to joining Guesthouse Sale in 2013 she worked at JHI Real Estate and then Colliers International. Terry began her working career in administration working for a real estate company in Blackheath Johannesburg in 1981. Since re-joining the property…
+27 (0)82 783 2172
terry@guesthousesale.com