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Fully furnished and equipped 17 room Guest House for sale in Magaliessig
Set on a 4000m2 piece of land in the heart of Fourways, one of the fastest growing nodes in South Africa. This is a prime income generating property and is the perfect investment! The FOUR STAR guesthouse boasts 22 rooms (all en-suite), 3 sparkling swimming pools, a beautiful indoor and outdoor restaurant area as well as space to have a yoga studio and spa.
The rooms vary in size and style. Some rooms have a built-in kitchenette, a lounge area and en-suite bathroom, whilst others only have an en-suite bathroom.
The communal areas of the guest house include: • Reception area • 2 lounge areas • Breakfast room • 2 kitchens • Indoor bar area • Laundry area • Outdoor restaurant / pub area with a liquor license
The guesthouse also brings in additional income through the Pilates Studio, Spa and 2 cell towers on the property.
Magaliessig is in the heart of Fourways and centrally located to all business hubs. There are plenty of conference centres, restaurants, and teambuilding activities. Close to all major highways and roads.
Nestled in the heart of Johannesburg's northern suburbs, Sandton is a glittering gem that sparkles with urban sophistication. Known as the "richest square mile in Africa", the area has vast appeal whether you're a family, professional, retiree, or foreign investor. Sandton is where high-end fashion meets fine dining and where world-class business ventures blend seamlessly with an electrifying nightlife.
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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.