OBSERVATORY-GAUTENG-NEWLY RENOVATED & CONVERTED TO BOUTIQUE GUESTHOUSE

Price: R13,000,000.00

Property Description

ASKING PRICE EXCLUDES 15% VAT
DEAL DIRECT WITH SELLER – NO AGENTS COMMISSION
10 Guest suites all with en-suite bathrooms
1 Lounge & 1 dining room
Separate kitchen fully equipped & separate laundry room
Managers accommodation consisting of small room & bathroom
Cellar used as storage area
Zoning—residential with guesthouse consideration
Partial geyser solar heating
Sparkling pool
Highest property in Observatory avenue with views of Bedford View & Western views
10 Secure parking spaces with additional parking outside
Client base mainly local at the moment but large opportunity for International (original concept purpose)
Seller has relocated internationally
All rooms standard with Air con, TV, DSTV, bar fridge, clock radio, safe, coffee/tea facility, hairdryer, gown
Sale includes most of the contents—minus some personal items
Incredible property—newly renovated & converted in early 2020—No occupancy figures available—closed most of COVERT
Custom designed furniture, modern fixtures & great for venue hire with celebrity & business rentals
Property ready to take off for the right owner
Space has been covered in design magazines & elsewhere. Truly a one of a kind property

Enquiry for Observatory - Gauteng

Quick Summary

Property ID:

2797

Property status:

Sale

Property type:

Bed & Breakfast, Boutique Hotel, Conferencing, Guesthouse, Wedding Venue

Location:

Observatory, Johannesburg, 2198, South Africa

Bedrooms:

Bathrooms:

Area:

2000.00 m²

Parking place:

Property Features:

Map

Contact Agent

Colleen Seabell-Dunt

Colleen is the founder of Guesthouse Sale. Guesthouse Sale was established to meet the needs of an ever growing demand for hospitality properties and the need to connect with a group of people that can give the correct advice and specialized knowledge.

+27 [0] 82 551 0194

colleen@guesthousesale.com