R 17,000,000

R 17,000,000

32-ROOM LODGE | GOING CONCERN | PRIME INVESTMENT | CROYDON, KEMPTON PARK
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32-ROOM LODGE | GOING CONCERN | PRIME INVESTMENT | CROYDON, KEMPTON PARK

Web Ref. MPLS-10724
Land size 1923 m²
Floor size 1800 m²
Monthly Bond Repayment
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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.

Features

Property Type Commercial
Listing Purpose Sale
Municipal Rates R 2000
Occupation On Transfer
Year Built 2008
Floor Size 1800 m²
Total Floors 2
Furnished Yes
Property Tags
Hotel Level Road Tile Conventional

Amenities

Parking Spaces 16

Carport

Stove/Oven
Hob

Amenities

Aircon Solar Panels Solar Geyser Water Tank Borehole Built in Cupboards Furnished Alarm Burglar Bars Electric Fencing Security Gates Secure Parking

Property Location

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.