Property features

R11 990 000

Property Details

Presenting a unique offering - a Mini Hotel with a total of 19 rooms, this property is a prime asset for those seeking a lucrative investment in the thriving hospitality industry. Set on a sprawling 4000 sqm stand, guests are well catered for - from comfortable air conditioned en suite rooms, to restaurant, conference rooms, heated pool, spa bath, sauna, steam room and more. Situated 18 mins from OR Tambo, close to Eastgate and Corporate Offices, stones throw from Bedford Centre, schools and services. The property is currently being managed very half heartedly as sellers are busy with other ventures, yet it is still bringing in R 200 000 - R 220 000 In revenue per month, with expenses of only R 60 000 - R 80 000 per month, leaving the buyer at a surplus from day 1. Bring your business acumen and flair for the hotels and services industry - to potentially double all figures and business. The time is now - Make it yours! Get in touch for your own private and exclusive viewing experience. Wonderful area Great investment Fantastic opportunity