Commercial space in Edenburg

R 13 950 000

Chris Stevens Real Estate

Real Estate Services-Real Estate Services

Commercial space in Edenburg

R 13 950 000

Address: 29 homestead
15 Baths
Land Area 3995 m²

The Oasis Residential Hotel is an award winning, four-star graded, boutique hotel with 14 luxury guest suites.. The hotel offers upmarket and exclusive accommodation to discerning travellers.

The Oasis is ideally located in Rivonia, Sandton, with Easy Access to Major Highways. The Hotel was established in 2006 and has been graded by the TGCSA as a 4 Star Hotel for 14 consecutive years and enjoys high ratings with Booking (9.5/10), Agoda (9.4/10), Expedia (4.8/5) and Tripadvisor as the number 1 Hotel in Rivonia.

Set in magnificent landscaped gardens with a pool and boma, the Oasis has ample guest areas and plenty of parking. The Oasis offers both short stays and long-term accommodation.

The 14 rooms are sumptuously furnished and each has an en-suite bathroom with shower and bath, air conditioner, flat screen TV, a private patio or balcony, a desk area, minibar fridge and a microwave.

The elegant reception area leads to two beautiful lounges and a tastefully furnished dining room. An intimate bar, book and DVD library, TV lounge, meeting room and small breakaway areas provide utility and flexibility.

The hotel operates mostly on borehole water. There is an extensive backup power system and solar geysers. Security is excellent, the entire property has fast WiFi.

The hotel has been carefully curated to differentiate itself from generic commercial offerings. The extensive investment in art and d├ęcor, piques the interest of international and local guests. Top review comments indicated that attention to detail is unparalleled.

There is a spacious owners suite, with 2 bedrooms, lounge and kitchen.

The owners have spared no expense and have put extensive thought into creating an environment that runs smoothly. Placement of guest areas, storage spaces, laundry and parking have been carefully considered. Guests are not disturbed by the daily operations of the hotel.

The hotel is extremely well maintained by a small team. The owners have researched possibilities for significant expansion should any buyer wish to increate capacity. All these plans have been carefully set out and are available.

The Oasis is a profitable going concern with no further investment required. Full financials are available on request. Investments have been made in a borehole system, 4 x 5000 litre storage tanks, solar geysers, a 7.5 KVA UPS system, backup generator and a 32 IP camera system. The buildings and grounds are well maintained. Moveable assets valued in excess of R6 million (excluding VAT) can be negotiated. A comprehensive assets register is available on request.

The Oasis is offered at a price of R 13 950 000 and can be zero-rated as a going concern. The furniture and fittings are also offered for sale. This property is an ideal investment for a small hotelier or an entrepreneur with expansion in mind.

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Key Property Features

15
Bathrooms

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Experience Sandton

Sandton is a vibrant, modern neighbourhood that contains the richest square mile in Africa. It is the business gateway into Africa for many large corporations and attracts thousands of ambitious people seeking their fortunes. But Sandton is not just about big business, residents find plenty of time for leisure too. World class shopping centres, and a buzzing social scene are a huge hit with the young and young at heart. Perhaps surprisingly, there is a huge amount of green space in the area that residents take advantage of to exercise or just take a breather.

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Commercial space in Edenburg

R 13 950 000

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