Established Guest House for sale

ZAR 7,990,000
  • 12 Bedrooms
  • 13 Bathrooms

Description

Unlock your entrepreneurial dreams with this thriving 12-bedroom guest house in Melville, Johannesburg. This is not just a property; it's a well-established and profitable business. Immerse yourself in a world of regular profits and the satisfaction of running a top-class guest house. With strong financials in place, you'll inherit a successful operation with a loyal customer base. The guest house is impeccably maintained and offers various room sizes, private lounges, and modern amenities for guests' comfort. There is an office that could be converted into another room if the new owner wishes to switch to long term rentals for students in the area. The business is split over two properties with four entrances and ample parking spots. Strategically located on the corners of 5th Avenue and 7th street with all the highlights of the area within walking distance. It is also near the University of Johannesburg, Milpark Hospital, S.A.B.C, and Helen Joseph Hospital. This is an investment poised for growth and waiting for a new owner to take it to the next level. Pre-paid electricity and Jo Jo water tanks ensure operational efficiency. Seize this unique opportunity to take over a flourishing business that delivers not only a steady income but also the chance to make your mark in the hospitality industry. Contact us for details and to arrange a private viewing.

Features
Garage
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Engel & Völkers Fourways MC

Your advisor: Chantelle Phahlane

Property ID: ENV171281

Property details

Property type

House

Bedrooms

12

Bathrooms

13

Garages

2

Parking spaces

2

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Your shop

Engel & Völkers Fourways MC

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Provider:

Fourways MC

License partner of Engel & Völkers Southern Africa (Pty) Ltd

Commission details

Agent's Professional Fee is included in the price advertised.

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