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Beautiful Modern Boutique Hotel In Johannesburg For Sale

Johannesburg, Gauteng, South Africa
Asking Price:
R8M - R15M Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R500K - R1.5M
Cash Flow:
R100K - R500K

This is a once in a lifetime opportunity to own a newly renovated recently converted Upscale 5star guesthouse / boutique hotel. Converted to 10 rooms all with ensuite, this property is a start and has had many celebrity guests, tv show appearances and lots of interest.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Real Property Included

Location:

Quiet and serene neighborhood, only 15 minutes from the airport and 15 minutes from Rosebank.

Premises Details:

2000sqm lot with 10 guest rooms all with bathrooms

Size in square feet:
2,000
Planning Consent:

Residential zoning with guesthouse consideration

Business Operation

Expansion Potential:

There is a possibility to purchase the property behind the existing business (largest natural parcel in Observatory) this could bring in a full restaurant and 30 additional units.

Competition / Market:

No competition

Reasons for selling:

Moving out of the country

Trading hours:

24/7

Employees:
4
Years established:
2

Other Information

Support & training:

Can support owner for 2 weeks onsite for training

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Potential partial financing available.

Furniture / Fixtures value:
R6,000,000 - included in the asking price
Inventory / Stock value:
R200,000 - included in the asking price
Website:
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