Business name : Excellent Guest House
Prime Location Guest House for sale next to the busy road Bill Bezuidenhout in Bellville. In the centre of Big Companies with Lots of Corporate and International Guest. Occupancy before Covid19 average 76.4 %. Last month March 2022 Occupancy was 81.2% Grand Total Charges for March 2022 = R1 049 465.34 . Property size 5803 square metres Excellent Guest House exist of 9 separate Houses next to each other and is consolidated and rezoned with one water meter and one electric meter . Excellent Guest House have its own 100 meter borehole and can be completely off the grid with water. There is a 110 KVA 316 Stainless Steel Generator for backup power.
Excellent Guest House have 2 x swimming pools, Hot water Pit and a fishpond. There is a Industrial Laundry room. Two Bars , 3D Cinema room with high quality equipment . See more room photos and videos on Excellent Guest House website.
Value of only the Furniture +/- R10 mil. All solid wood furniture
Brand new Hyundai Staria 9 seater Bus
Reason for selling. We are ready for retirement.
Price of Property is based on the exchange rate on 24 April 2022
R53 Million South African Rand