"Unlock the Potential of This Unique Property!"

R 8,500,000

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3 months ago296 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):8691
Parking:Garage
Description
**Price Reduced!
" Incredible Investment Opportunity in Midrand**

Situated in the bustling business hub of Midrand, Johannesburg, and Centurion, this property boasts a 9-bedroom Guest House/B&B alongside a 3-bedroom private house. With bookings consistently full 3 to 4 weeks in advance, this oasis offers a prime location for hospitality business endeavors.

Designed with guest comfort in mind, the exquisite Guest House features beautifully established gardens with the Pride of India in full bloom. The property includes 9 modern and spacious bedrooms, each with en-suite showers, accommodating a total of 22 guests. Additionally, there are 8 undercover parking bays for convenience.

The premises also encompass a 3-bedroom, 2-bathroom Farmhouse with a private swimming pool, double garage, and a 1-bedroom self-contained flatlet. These spaces can be seamlessly integrated into the guest lodge or utilized for private purposes. Expansion possibilities include 7 approved king-size suites.

The Guest House offers a spacious dining room, fully equipped kitchen, guest en suite shower & toilet, fitness center, sports massage area, and a separate conference room accommodating up to 50 delegates. Various additional features such as an automatic borehole, septic tank, sprinkler system, inverter for power backup, bar area, picnic area, and swimming pools add to the appeal.

The property comes fully furnished, allowing for seamless business operations transfer. It presents versatile uses from hosting events like weddings and parties to providing fine dining experiences or transforming into training facilities, wellness centers, student accommodation, and more.

This serene and approved Guest House provides a tranquil retreat from the city's hustle and bustle, surrounded by lush gardens and in proximity to schools, churches, airports, and various amenities. With a 4-star grading from the Tourism Council of South Africa, this property offers an exceptional opportunity for discerning investors.

Don't miss out on this incredible opportunity to own a well-appointed guest lodge strategically located for easy access to major transport hubs and attractions. Take advantage of this prime investment in the heart of Midrand!

Rates and taxes at R3450.

# Office / Study: 1
# Parking: 2
Rates And Taxes: 2430
Has Pool
Has Garden
Property Reference #: 2208197

Agent Details:
Maria Du Preez
O-YES Properties
1st Floor, Block D
Homestead Park,
37 Homestead Road,
Rivonia
Sandton

Id Subtitle 1257111032
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Estimated monthly repaymentR 92,116
Total property loan amountR 8,500,000
Total interestR 13,607,625
Total repaymentR 22,107,625
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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O-YES Properties
Selling for 4+ years
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