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Ultra Modern High Earning Property In Sandton For Sale

Sandton, Gauteng, South Africa
Asking Price:
R10,995,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R1,230,000
Cash Flow:
R945,972

This modern nature-inspired gem is considered to be the best short-term rental property in Gauteng.
The accommodation consists of 3 designer double-volume suites, and a two-bedroom apartment.
The property has an average occupation ratio of 90-95%. There is no off-season and we maintain our exceptional occupancy rate for all 12 months of the year. The property is perfectly located to serve international travelers, business persons, and local guests looking to get away. The property is fully automated so the owner can manage the business from a remote location while allowing themself the luxury of having another full-time job or business. The property has over 500 reviews and is rated 9.4/10 on bookings.com and 4.3/5 on Airbnb. This level of service ensures a high ratio of returning guests.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Owners can choose to either live in the apartment or let it out as another upmarket high income-producing unit. The price quoted is based on a yield assuming the rental of the apartment.

Location:

We are in a quint suburb that is the best-kept secret in Sandton. A little gem of a suburb! The suburb is extremely accessible, quiet, and private. The suburb is in a security boomed area with only one entrance in and out of the suburb after 6 pm in the evening. This makes our suburb one of the safest suburbs in Sandton. We are within walking distance from top shops, restaurants, and bars. Benmore shopping center and Sandton City are only a stone's throw away.

Premises Details:

Location location location. Never has this saying been so permanent. This beautiful property is set on a large piece of land and has a stream flowing through it. The property looks onto a farm and bird sanctuary. The birdlife is out of this world and if you are lucky you will also see cows from the premises. This is the only property that I'm aware of that is on Sandton CBDs' doorstep that is modern with a bush vibe that's safe, quiet, and relaxing.

Planning Consent:

The current dwelling has 5 rooms which do not require official planning permission to trade as a short-term rental. . Planning permission is only required when a dwelling offers more than 5 bedrooms. Planning permission for BNB rights will need to be obtained if you want to grow the business and revenue stream.

Business Operation

Expansion Potential:

The property offers a tremendous opportunity to immediately increase revenue with just a small capital outlay. The property has approved plans to double the current size of the premises. This addition can be used to double the number of rooms or can be used as an ultra-modern apartment to live in while operating the business. The property is incredibly versatile and a number of different strategies can be used to grow the business and increase revenue streams.

Competition / Market:

The competition that offer garden settings tends to be private homes that are older and more traditional. 95% of the competing accommodation that is also modern and well furnished can only be found in large apartment buildings where access to the premises and city noise can become frustrating. These properties are unfortunately a dime a dozen in Sandton. Our modern aesthetic, secure location, and garden setting set this property apart from the competition.

Trading hours:

08h00 - 20h00

Employees:
1 Full time, 2 part time
Years established:
2

Other Information

Support & training:

The prospective new buyers can takeover all current channels and business systems which will allow them to plug in and play with minimum effort and no downtime.

Furniture / Fixtures value:
R900,000 - included in the asking price
Home based:
This business can be run from home.

Contact Seller

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