R 7,800,000

R 7,800,000

Towers Lodge - 22 Letting Units (18 Standard + 4 Self-Catering) + 3 Office Blocks For Sale in Elspark
20
Bathrooms
Active

Towers Lodge - 22 Letting Units (18 Standard + 4 Self-Catering) + 3 Office Blocks For Sale in Elspark

Web Ref. NPLS-8655
Land size 3168 m²
Floor size 1120 m²
Monthly Bond Repayment
calculating..

Towers Lodge - Fully operational 22-room lodge for sale at 125 Kingfisher Avenue, Elspark, Germiston. Turnover R250k-R500k per month with guaranteed R50k from 3 office rentals. Features dining hall, commercial kitchen, laundry, entertainment room, outside kitchen and 3 backup generators. Sleeps 60. Ideal owner-operator or investor.

Highly profitable 22-room lodge for sale at 125 Kingfisher Avenue, Elspark, Germiston. Well-established on Booking.com with proven turnover of R250k-R500k per month.

 

Consisting of 18 standard hotel rooms, 4 self-catering units, 3 spacious office blocks generating guaranteed R50k rental income, large dining hall, commercial kitchen, laundry, entertainment room, outside kitchen and 3 backup generators (load-shedding proof).

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Ideal for owner-operator or investor - sleeps 60 guests, perfect for corporate accommodation, contractors, and events. Excellent location in Elspark close to Germiston CBD, industries and OR Tambo.

 

Turnover: R250k-R500k/month

Guaranteed income: R50k from offices

Business + Property + Furniture included

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Contact Lwando for private viewing and financials.

Features

Property Type Commercial
Listing Purpose Sale
Municipal Rates R 13000
Pet Friendly Yes
Occupation On Transfer
Levy R 3000
Year Built 2010
Floor Size 1120 m²
Total Floors 2
Property Tags
Guesthouse Descriptive Commercial Types Hotel Office Storage Descriptive Commercial Types New Development Suburban East Tile Fibre glass Aluminium Roof Options Flat Roof Asbestos Roof Options Open Plan Style Cottage Style Face Brick Aluminium Window Options Cottage Window Options

Rooms

Reception Rooms 3
Bathrooms 20
Kitchen 4

Amenities

Parking Spaces 24
Stove/Oven
Undercounter Oven Eye Level Oven Gas Oven Gas Hob

Kitchen

Kitchen 1
Breakfast Nook Built-in Cupboards Laminated Floors Vinyl Floors Eye Level Oven Fridge Dishwasher Connection Garbage Disposal Gas Oven Open Plan Stove Pantry TV Port Fireplace Internet Port Air Conditioner Patio Linen Room

Amenities

Aircon Solar Panels Solar Geyser Gas Geyser Water Tank Borehole Backup Battery or Inverter Braai Room Built in Cupboards Deck Fireplace Lapa TV Fibre DSTV Alarm Burglar Bars Beams Cameras Electric Fencing Security Gates Boomed Area Intercom Cell to Gate Access Remote Access Secure Parking

Property Location

Property Video

Disclaimer

While every effort will be made to ensure that the information contained within the Northpoint Realty website is accurate and up to date, Northpoint Realty 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.