Posted on March 23, 2021
Price : R 6 800 000
Listing Type : Commercial Property
Location : Germiston
Beds : 8
Baths : 10
Size : 1 904 m2
Levies : R 600
Ref no. : 2723

An excellent property investment opportunity with options to rent at +- R43 000 per month or to operate as a guesthouse. The property was operating as a guesthouse since 2015. The owners have recently changed the focus of the property to be based on long term rentals on a month-to-month basis. The new owners can continue renting out the accommodation or start operating it as a guesthouse again.

Main House:
Open plan lounge, Dining room, Bar and Kitchen. Tiled throughout, with underfloor heating. The kitchen has granite tops, an electric and a gas stove, 2 x double sinks, a pizza oven. Full walk-in fridge and walk-in freezer in the garage. 2 x bedrooms, both with laminate flooring and underfloor heating as well as en-suite bathrooms with spa baths. The main bedroom has a walk in cupboard, the 2nd room has built in cupboards with sliding doors and a trellidor leading to the pool area. There is a full wine-cellar / entertainment room under the house with a storage facility. Laundry room has 2 x industrial washing machines, an industrial tumble dryer with built in ironing tables. The gated pool area also has an outside changeroom, boma, store room and a sweatbox for 3. The garden has a pomegranate, fig and olive tree as well as a grape vine. There is 1 x guest room that is standard with a large mirrored closet, underfloor heating, laminated flooring, an en-suite bathroom featuring a spa-bath, toilet and basin. Upstairs, on top of the main house is a conference area, with a full dining area and bar, pool table, office, and a basic bathroom with a shower. The garage has a capacity for 4 cars, the parking area for approximately 10 more cars.

Other Accommodation:
2 x semi-self-catering units: Both double story thatch units, with 2 x twin beds and mattress top to make king size (cloud 9 beds), kitchenette with a microwave, fridge and kettle, small entrance area with a couch.
2 x Luxury Units: Open plan full lounge and kitchen with appliances. TV and desk, bathroom has a shower, sink and toilet, upstairs has 2 x twin beds and mattress top to make king size (cloud 9).
2 x Self-catering units has double beds, open pan kitchen with table for dining, full bathroom with a spa bath and underfloor heating throughout.

Bar Area
Braai Area
Burglar Proofing
Electric Fence
Electric Gate
Tiled Floors
Mfundo Nhlabati