R5,500,000 | 600m² Guesthouse Sold in Randpark

Situated on a beautiful, tree-lined street within the sought-after area of the RRA.
The Randpark Golf Course and Fairway Hotel & Spa are a stone’s throw away.

Potential Annual Turnover (6 Suites) of R1.8m pa with Gross Margin before tax of R1.1m pa. Estimated 600m2 under roof.

Consisting of 6 magnificent suites. 5 guest suites (each with own private entrance), own ensuite bathroom (with shower) and kitchenette. The 6th Suite (where owner currently resides) features a spacious 2nd-storey apartment with 2 bedrooms, 2 bathrooms, open plan lounge/dining/kitchen and large patio area.

Downstairs consists of 2 offices, a scullery, pantry, laundry, 2-bed staff quarters, double garage, closed-in carport and shaded parking for up to 9 cars.

Beautiful gardens surround the buildings and consist mostly of low-maintenance, water-wise plants. A sparkling blue, solar-heated pool completes the picture.

Extras include Solar and Backup Power System (20 Panels giving 5100 Watts, 5Kw Inverter, Lithium-ion batteries); JoJo tanks/ Rainwater Harvesting System (17000 lts) with Pressure Pump and Water Filtration, Automated Garden Irrigation System, Koi Pond, 10 Air Conditioners, 4 gas geysers, CCTV System, Full alarm system linked to Armed Response, Electric fencing; Fibre Internet installed with routers and access points throughout the guest house for seamless WiFi. DSTV and Netflix.

The guesthouse has been operational since August 2017. It has been awarded a 4-Star grade by the Tourism Grading Council of South Africa; as well as Winner of Booking.com’s Guest Review Award for 2018, 3 Booking.com Traveller’s Review Awards, Tripadvisor’s Travellers Choice Awards, and various others.

The business will be sold along with the property, as a going concern: including all furniture, clients, booking systems, etc. A turn-key package that will allow you to seamlessly take over a successful, thriving business and make it your own.