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R4,200,000
345m² Guest House For Sale in Olivedale
BnB with Prime Location and High Occupancy averaging an impressive 90%, ensuring consistent revenue. The desirable location of this BnB is crucial for attracting clients. Proximity to the Olivedale Netcare Hospital makes it an ideal choice for hospital visitors, staff, or patients in need of short-term stay. This is a steady market that can help maintain high occupancy year-round. Walking distance to Olivedale Netcare Hospital and medical facility. Easy access to Western Bypass connecting to Sandton and Johannesburg business and shopping hub and close to Monte Casino. The Western Bypass offers seamless access for guests traveling around Johannesburg. Sandton is known for its attractions, shopping centers, and corporate office parks. This guest house is attractive to travelers or those attending events or conferences in the area.
Established and Reputable since 2009. This BnB has built a solid reputation ensuring a loyal and solid reputation and trusted presence in the area. Proven track record of consistent occupancy, which reflects its stability and strong demand. The history adds credibility to the investment and showcases its longevity and success.
The Rustic and clean decor creates a cozy, welcoming environment. (Inclusive of all current furniture, linen, kitchenware, and appliances ensuring a seamless handover. (A full inventory will be supplied)
ACCOMMODATION FEATURES:
- 4 double bedrooms with en-suite bathrooms
- Large self-contained family unit consisting of 2 bedrooms and bathrooms, kitchenette, and a living area with sleeper couch.
- Breakfast is served in the dining room and guests can relax on the covered patio overlooking the sparkling pool
- A Separate wooden cabin for staff, doubling as a laundry area. It includes a bedroom, bathroom, and equipped kitchenette
ensuring that the staff have their own space while sleeping on site.
- The property is safe and secure.
This package with its content is currently a satellite-managed operation and dedicated staff provides a hassle-free, profitable venture for prospective buyers
This BnB has secured the necessary consent from the local authorities, ensuring legal compliance for operating as a hospitality business.
Call us today, should you be interested in this opportunity.
Features
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
345m²
Land Size
1,095m²
Olivedale, Randburg
Randburg is a highly desirable suburb located in the northwestern part of Johannesburg. It offers a diverse property market that caters to a range of lifestyles and budgets. The suburb is home to a variety of residential areas, office parks, shopping centres, and entertainment venues, making it a lively and convenient place to live.
The suburb's property market boasts a wide range of properties, from modest...
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Disclaimer: While every representation will be made by Lew Geffen Sotheby's International Realty to ensure that the information contained within the website is accurate and up to date, makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
