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

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Quick Summary

Property ID:
2797
Property status:
Sale
Property type:
, , , ,
Location:
Observatory, Johannesburg, 2198, South Africa
Bedrooms:
11
Bathrooms:
11
Area:
2000.00 m²
Parking place:
10
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.