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Country Conference And Accommodation Venue For Sale

Mogale City, Gauteng, South Africa
Asking Price:
R18,000,000
Sales Revenue:
R500K - R1.5M
Cash Flow:
R500K - R1.5M

A Blue-chip property on the West Rand is home to a well-established accommodation and conference business affording a number of opportunities for an entrepreneur in the hospitality industry. Conveniently situated a stone’s throw from the N14 and just 20 minutes away from Lanseria Airport (20.4 km) and within easy reach for many of the tourist attractions in the Cradle of Humankind, this venue provides a truly relaxing feeling in the heart of a busy African city and is perfect for travellers stopping over in Gauteng for business, conferences, etc.
This country venue is situated on approximately 9.1 hectares and the Seller is asking R18 million for this amazing property with all its facilities ranging from an upmarket guest house, 2 and 1 bedroom self catering cottages to caravan stands. And the Seller is open to negotiations with serious buyers.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

On Request

Location:

Rietfontein, Mogale City

Premises Details:

On request

Size in square feet:
9.1 hectares
Planning Consent:

Business and Agricultural

Business Operation

Expansion Potential:

Plenty there is approximately another 7 hectares to play with

Competition / Market:

None

Reasons for selling:

The owner would like to retire

Trading hours:

Not applicable

Employees:
Not applicable
Years established:
approx 25 years

Other Information

Support & training:

3 months handover and support

Furniture / Fixtures value:
R4,000,000
Inventory / Stock value:
R300,000

Contact SA Land

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