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accommodation

Mandate 1100

R 25,050,000.00

This Gorgeous Country Lodge – situated on 7 hectares is an 18 room, 5 star boutique hotel in the recreational area of the Magaliesberg. The hotel property lies between the Magaliesberg and Witwatersrand Mountain ranges less than an hour from the large metropolitan area. It has excess water, well wooded, green lawns, Trout Dam, Water Furrow with water rights, great view of the mountains, borehole water with pressure pump and filter for backup, 18 Bedrooms all en-suite, containing antique furniture, Persian Carpets, Original Artwork and Paintings, Heat Pumps for all geysers, 2 Conference Rooms, 2 Dining Rooms, Bar, Cellar, Billiard Room, Lounge, Library, Swimming Pool, and lots more.

Product Description

Broker name: Troy Maidwell
Broker Contact: 0825729184
Broker Email: troym@renwickbusiness.co.za
Mandate number: 1100
Category: Accommodation
Location: Magaliesburg
Year Established: 01/01/2003
Number of Employees: Approximately 30 staff, 20 permanent and 10 Casual
Hours of Operation: All Hours
Lease Term: Property owned by owner hence no lease

Movable Asset Value: R 650,000.00
Stock Value: R 50,000.00
Average Monthly Turnover: R 545,612.67
Average Monthly Expenses: R 296,889.00
Average Monthly Net Profit Before Tax: R 86,353.67
Asking Price: R 25,050,000.00

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