32-ROOM LODGE | GOING CONCERN | PRIME INVESTMENT | CROYDON, KEMPTON PARK
An exceptional opportunity to acquire a well-established 32-room lodge in the sought-after suburb of Croydon, Kempton Park, ideally situated close to OR Tambo International Airport, major highways and key commercial hubs.
This fully operational business is being sold as a Going Concern, offering immediate income with an established client base and existing corporate contracts.
PROPERTY FUTURES
1917m² Stand
1800m² Building
Commercial Zoning
Built in 2008
32 Spacious Standard Guest Rooms
32 En-suite Bathrooms
Kitchenettes in Rooms
Air Conditioning
Television & Wi-Fi
Reception / Administration Office
Laundry Facilities
Entertainment & Braai Area
16 Covered Carports
Borehole Water Supply
Solar Power System
Backup Generator
Mamba Security with Panic System
Business Highlights
GOING CONCERN
Occupancy averaging approximately 50%
Average Room Rate: R700 per night
Annual Turnover: Approximately R3 million
Established Corporate Client Base
Existing Corporate Contracts
Experienced staff complement
PROPERTY CONDITION
The lodge has been exceptionally maintained with:
Face brick exterior
Concrete tiled roof in excellent condition
Well-maintained plumbing
Solar electrical system with generator backup
Municipal electricity available for reconnection if required
Excellent overall condition with only normal ongoing maintenance required.
INVESTMENT OPPURTUNITY
Whether you are expanding your hospitality portfolio or entering the accommodation industry, this property offers immediate trading income with significant future growth potential through increased occupancy and continued corporate business.
Viewing strictly by appointment.
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Disclaimer
While every effort will be made to ensure that the information contained within the Mandated Property Group website is accurate and up to date, Mandated Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.