Exceptional investment opportunity in the hospitality sector!

  • R6,500,000
59 True North Road, Mulbarton, Johannesburg South, South Africa
For Sale
59 True North Road, Mulbarton, Johannesburg South, South Africa
  • R6,500,000

Overview

Property ID: ONSH32436
  • Commercial
  • Property Type
  • 7
  • Bedrooms
  • 7
  • Bathrooms
  • 530
  • 1297
  • Lot m²

Description

This thriving property, complete with 7 functional guest rooms (all ensuite), sustainable features, ample parking, and a robust financial performance, is now available for acquisition. With an impressive monthly income and a solid occupancy rate, combined with a growing customer base, stellar reviews, and a imminent 4 star grading, this property presents a lucrative venture with room for expansion.

Key Features:

1. Luxurious Accommodations: Seven meticulously designed guest rooms, all ensuite, offer a blend of comfort and elegance, ensuring a memorable stay for guests seeking relaxation and rejuvenation.

2. Ample Parking: The property boasts ample parking space, providing convenience and ease of access for guests arriving by car.

3. Sustainable Solutions: Equipped with a solar system and solar geysers, the guest house is committed to environmental responsibility while minimising operational costs.

4. Strong Financial Performance: With an impressive average monthly income at a consistent occupancy rate, this guest house delivers robust financial returns, making it an attractive investment opportunity.

5. Room for Growth: With a burgeoning customer base and opportunities to expand to an additional 3 guest rooms, there is significant potential for revenue growth and increased profitability.

6. Positive Customer Reviews: Garnering glowing reviews on Google, Booking(dot)com and Facebook, this guest house has earned a reputation for exceptional service and guest satisfaction, further enhancing its appeal and marketability.

7. Path to 4-Star Grading: Currently in the process of being graded to a prestigious 4-star status, the guest house is poised to elevate its status and attract a discerning clientele, enhancing its value proposition and competitive edge in the market.

Location: Situated in a desirable location with easy access to local attractions, dining establishments, hospitals, and transportation hubs, this property offers guests a convenient and memorable experience.

Opportunities for Investors:

• Revenue Optimization: Implementing strategic marketing initiatives and operational enhancements can further optimize revenue generation and maximize returns on investment.

• Property Enhancement: Investing in property upgrades or additional amenities can enhance the guest experience and increase the property’s value and market appeal.

Don’t miss out on this exceptional business opportunity with a proven track record of success and potential for further growth. With sustainable features, strong financial performance, and a commitment to excellence, this property represents a sound investment in the burgeoning hospitality industry. Contact us today to explore this exciting venture further and secure your stake in hospitality success!

  • Zip/Postal Code 2059
  • Area Mulbarton

Details

Updated on July 30, 2024 at 10:57 am

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Contact Information

Donovan Cogill
  • Donovan Cogill
Mikhail Arujun
  • Mikhail Arujun
Allan Bermel
  • Allan Bermel

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Donovan Cogill
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