Hotel in Florida Glen
R 6 850 000
Land Area 3039 m²
35 Room Guest House With Long Leases
There are 35 units, each with its own bathroom, consisting of Standard Rooms, Self-Catering Flats, One Bedroom Flats and a Two Bedrooms Flat.
There are 2 x kitchens and 2 laundry's (fully equipped), dining room, 2 x Staff rooms and a shower, 2 storerooms and ZOZO huts and a large generator. Parking for 30 cars.
All units are rented out on a long-term basis and currently, our monthly income is around R 170 000.00 per month.
There are 3 properties and all are zoned for a guesthouse. The business and properties are registered under one company. Therefore the business can be sold as a going concern.
The selling price includes all furniture and fixtures.
There is Wi-Fi and DSTV decoder's TV / LED's in each unit.
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Experience Northcliff
Northcliff is one of the older, more established areas in Johannesburg. It is highly sought-after by those looking for a tranquil and exclusive lifestyle. The properties on Northcliff Hill have large grounds with well established park-like gardens. Newer developments in the extensions to the West cater to the younger generation with a taste for modern architecture. There is a distinct lack of industry and commercial blocks. For those who seek the sparkle of entertainment or the outdoors, it is less than half an hour from top spots like the Lion Park, the Cradle of Humankind and the buzz and dazzle of Monte Casino and Silverstar Casino.
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