Verified Listing
Posted on September 6, 2017 / 254
Price : R21,000,000
Listing Type : Guest Lodge
Location : Sandton
Ref. No: : 1010
Turnover : R300 000
Expenses : R44 600
Net Profit : R220 000
Asset Value : R1 000 000

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.

* Troy Maidwell – LP JHB North