Boutique Hotel in the Heart of Rivonia – Sandton

Price: R13,950,000.00

Property Description

ASKING PRICE PLUS 15% VAT
REDUCED PRICE EXCLUDES ALL FURNITURE
ORIGINAL ASKING PRICE R18 000 000 Excluding VAT
Furniture, value in excess of R6 million, not included in the reduced asking price & may be negotiated separately
14 Guest rooms all en-suite bathrooms & 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
If an offer is accepted, including furniture, business may be sold as going concern & can be transferred at zero VA
Mainly Established Corporate Clients 100% pre-paid, no debtors
Highest occupancy to room rate in the area with exceptional reviews, TripAdvisor Booking.com

Inquiry for Boutique Hotel in the Heart of Rivonia - Sandton - rivo1976

Quick Summary

Property ID:

1976

Property status:

Sale

Property type:

Boutique Hotel, Hotel

Bedrooms:

Bathrooms:

Area:

4046.00 m²

Parking place:

Property Features:

Boutique Hotel

Hotel

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