Guest Lodge - 4 Star

Gauteng

R 21 000 000

Financial Information

Net Asset Value R 1,000,000
Inventory Value R 0
Property Value R 0
(Annual) Operating Profit R 220,000
(Annual) Turnover R 300,000
Property Included

Boutique hotel opportunity in the heart of Sandton

4 STAR GUEST LODGE situated in the heart of SANDTON is for sale. Excellent location and very well run with the same owner for over 11 years. The guest lodge attracts a large customer base from overseas, mainly other African countries with the business market holding a large percentage of the customer base. It currently has 15 en-suite rooms which has 4 Star status. Potential exists to add another 5 rooms which would qualify it being called a boutique hotel. Total land size is 2500m2 and under roof is 1200m2.

Established

2007