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Commercial Property in Illovo For Sale

R22 000 000

Bedroom icon 13 12
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Commercial Property in Illovo For Sale

Bed & Breakfast for sale in Atholl, Johannesburg North

Bedroom icon 13 12

Commercial Property in Illovo For Sale

Bed & Breakfast for sale in Atholl, Johannesburg North

R22 000 000

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12 Bedroom icon 13

Features

Description

Description:

Location:

The B&B is based in an upmarket, elite suburb in Johannesburg, home to lavish hotels, an art gallery

as well as world class restaurants, shopping facilities and business centres. The B&B is situated

approximately 1.4km from a Gautrain bus stop. There are beautifully tree lined streets which lends a

charm and affluence to this suburb.

Business:

A luxurious, up-market accommodation situated in a beautiful park-like garden, which provides

security, privacy and sophisticated tranquillity.

The apartments overlook a beautifully tendered garden with an abundance of trees and an inviting

swimming pool.

Each of the spacious apartments is fully furnished and equipped with upmarket finishing and own

private patio/balcony.

Property Size - Approx. 3599m2

Occupancy rate: 65% - 75% per month

B&B facilities:

All guest suites equipped with kitchenette and tea/coffee stations.

6 guest suites with ensuite bathrooms.

1 two-bedroom suite with lounge.

Secure Parking.

Pool, braai area, boma.

Main House:

Entrance hall

Lounge with underfloor heating

5 bedrooms, with 3 bathrooms and 2 toilets

Main room with ensuite bathroom and aircon

Kitchen and Industrial kitchen

Electric ovens and stoves

Servants’ quarters

1 storeroom

Laundry/pantry

Double garage and carport

Guest toilet

Client Base

Plenty of corporate clients book this B&B for their long-stay relief staff. The B&B also attracts

their share of international leisure travellers in transit through Johannesburg.

B&B advertised on all online travel and accommodation booking sites.

This superb B&B with awesome growth potential, is well-priced at R22m but open to offers.

The price includes all furniture and fixtures for the B&B business.

Monthly Costs

Calculated over 20 years at % with no deposit.

Bond Payments R

Property Details

Web Ref RADV-12950
Property Type Commercial Property
Bedrooms 13
Bathrooms 12

Contact Agent

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Anita Frasco

Team Leader

RE/MAX Advantage (Rosebank)

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Tristan Vermaak

Sales Associate

RE/MAX Advantage (Rosebank)

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Freddie Matsoha

Candidate Property Practitioner

RE/MAX Advantage (Rosebank)

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Book a viewing

Enquiry about property Ref:RADV-12950

R22 000 000
change currency
  • ZAR
  • BWP
  • EUR
  • GBP
  • NAD
  • NZD
  • AUD
  • USD
  • ZWL
  • ZMW
  • MUR

Contact Agent

Agent profile picture

Anita Frasco

Team Leader

RE/MAX Advantage (Rosebank)

Agent profile picture

Tristan Vermaak

Sales Associate

RE/MAX Advantage (Rosebank)

Agent profile picture

Freddie Matsoha

Candidate Property Practitioner

RE/MAX Advantage (Rosebank)

MessageCall me back Whatsapp
Book a viewing

Contact Anita Frasco

Agent profile picture

Anita Frasco

Team Leader


RE/MAX Advantage (Rosebank)

Show number

Show number

Enquiry about property Ref:RADV-12950