Lucrative Executive Guest House for Sale in Lephalale

Limpopo

R 3 568 000

Financial Information






Detailed financials available on request


This is an excellent opportunity to own an independently operated executive guesthouse since 2010, located in Lephalale, the vibrant national development node aiming to become the energy hub of Africa.

The lay-out of the guesthouse consists of: The Main House: Reception area, dining area, lounge , 3 bedrooms, 2 bathrooms, kitchen, scullery, front stoop and back porch. 9 En-suite bedrooms each with bathroom and kitchenette area6 x bedrooms = 24 m2 each2 x bedroom = 18 m21 x bedroom = 22 m2 7 x Bedrooms with double beds and 2 with 2 ¾ beds in each room. Laundry room with toilet and shower Pool-room Swimming-pool Wendy hut Parking area Covered parking area Fenced all round Safety cameras Bar Fridge & microwave & aircon & TV in all units. The lay-out is suitable to be used as a private dwelling while the additional rooms are offered for B&B rental - or the current arrangement can be maintained as an independent guesthouse employing 4 staff members serving all the needs of the guests. Selling price is R3,568,000 Property is currently valued at R3,200,000 Equipment and furniture at R450,000 The guesthouse recorded a Net-profit / Annual earnings of R615 392 for the year ending Feb 2017.

Maritz Triegaardt
professional

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