Kempton Park—10 Mins to OR Tambo International Airport

Price: R7,995,000.00

Property Description

ORIGINAL PRICE: R8 400 000
Great investment property and business opportunity
Well establish business with 3 Star Tourism Grading
9 Guestrooms all en-suite, private entrances—28 guests
6 x Double Rooms, 1 x Executive Family Suite with lounge (sleeps 6 guests), 1 x Family Room (sleeps 6 guests), 1 x Deluxe Family (sleeps 4 guests)
All rooms: eco wall mounted heaters, tea/coffee stations, flat screen TV’s, DSTV, 8 with ceiling fan, Paloma water heating gas burners (R 11 000.00 each), back up electric geyser, 5 rooms recently fully renovated
Dining room—seats up to 16 guests & has built in gas braai
Fully equipped kitchen & laundry
Sparkling heater pool, poolside fire pit/Boma & double braai
Back up water system with a 5000L tank
Fully equipped reception, operate on Nightsbridge booking
Listed on all major booking sites, high ranking website
Secure covered parking, infrared cameras & alarm system
Uncapped Wi-Fi throughout & 6.5 Kw backup generator
Workshop with built in work surfaces & packing space
Staff quarters and staff bathroom—public bathroom
Manager/Owner flat, bathroom, 55m², lounge/living room
Office/Extra room
60% average occupancy 2019—Annual income 2019/2020 ± R 2 million
Preliminary building plans for
Extension to 22 rooms, 2 extra
Apartments & conference facility

Kempton Park - Glen Marais1908

Quick Summary

Property ID:

1908

Property status:

Sale

Property type:

Bed & Breakfast, Guesthouse

Bedrooms:

Bathrooms:

Area:

1792.00 m²

Parking place:

Property Features:

Bed and Breakfast

Guesthouse

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