Property features

R45 000 000

Property Details

The prestigious Lombardy Boutique Hotel & Conference Centre is for sale.

Price: R45m excluding VAT

Located in Pretoria New East, 2km from Silver Lakes Golf Estate,
the new Linton’s Corner shopping centre and 10min from Menlyn Square Casino,
surrounded by all the most important amenities like
schools, hospitals and 3km from the Solomon Mhlangu offramp.

The price of R45 000 000.00 excludes VAT and if purchased in a commercial VAT registered entity, the full VAT amount can be claimed from SARS, saving +-R5 000 000.00 in transfer duty.

The property consists of:

4.2 ha land

  5 Star Hotel (in the past - do need attention now)

  5 Star Spa - previous tenant paid R150 000.00 excluding VAT monthly

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  Hotel consist of:
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  22 x Luxury on suite rooms with air conditioning, bathroom and kitchenette
   with presidential and honeymoon suite with private garden, sitting room, fireplace.
   Includes minibar, DSTV, air conditioning in all suites, lock safe in each room and Wifi.

2 x private conference rooms.
1 x dining area with patio and breakfast outdoor area.
1 x private dome clay brick dining room and wine collection cellar.
1 x jacuzzi and wood fireplaces in the dining areas
1 x restaurant kitchen and laundry facility
1 x office with reception area
1 x large wedding reception/conference hall that can seat 200 guests
1 x gazebo and clock tower
1 x courtyard with water feature
40 x parkings

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  Spa consist of:
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Spa reception and dressing area
Treatment rooms
Pool and entertainment area
Kitchen and lunch reception area
Staff quarters
40 x parkings
Sale does NOT include the spa furniture, stock and equipment
No long term or fixed contract with suppliers. New owner may appoint own service providers.
Facility needs attention.
All facilities on one level – no lifts.
Wheel chair friendly.

ZONING: SPECIAL
ZONING OPTIONS: