Lonehill, Sandton, Gauteng ID 691797
House
12.0
12
850m2
3050m2
DENNIS ROAD, LONEHILL Owner asking R 6 200 000 and considering offers from R 5 750 000 Situated on a vast 3051 sqm plot, this property is one of the original Lonehill farmhouses, adorned with majestic trees. Encompassing the main home, nine one-bedroom cottages, and additional outbuilding structures, the total covered area exceeds 850 sqm. Notably, the guesthouse facilities are separate from the private main house, although there is potential for the main house to extend the guesthouse by offering two more bedrooms and two baths. The mezzanine level could also be repurposed into additional bedrooms. Operational across various rental durations, the guesthouse caters to short-stay "bed and breakfast" as well as medium and longer-term rentals. The seven cottages, designed as independent units, are stand-alone garden cottages with direct entrances, dedicated parking, and private garden/outdoor spaces, most featuring braai facilities. Two budget suites are available, and ample parking for 15 cars is provided. The property further boasts a conference room with bathrooms and an additional office. The rentable units generate a monthly income of R66k monthly. The main home boasts a covered patio/veranda overlooking a refreshing pool, along with a separate gazebo-type pool deck. Additionally, a large enclosed boma with a built-in braai accommodates up to 20 people, making it perfect for functions. Other amenities include a spacious laundry with extensive drying areas and a workshop with a sizable DIY courtyard. This property is safeguarded by the renowned Lonehill security, known as the best in the area. A site-wide security system and medical emergency services contribute to the overall security features of this impressive guesthouse property. The business (CC) has full accounting records. Don't wait! Secure your live, work stay business today.
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