R 12 000 000 | business property for sale in johannesburg cbd

Located in a prime spot, this hotel offers comfortable accommodations on three floors, with 15 rooms per floor. The hotel features three retail spaces on the 1st floor, with two currently rented out: 1. R12,000 2. R12,500 3. Empty Total retail income: R24,500 Each floor has rooms configured for families of 1, 2, 3, or 4 guests, with rates as follows: - 1 guest: R220 - 2 guests: R280 - 3 guests: R420 - 4 guests: R560 The 1st floor has: - Family room that accommodates 3-2 guests varies from R280 to R420 per room - Family room that accommodates 2-4 guests R420 to R560 per room The 2nd floor has a: - Family room that accommodates 2-3 guests varies from R280 to R420 per person - Family room that accommodates 2-4 guests varies R420 to R560 per person The 3rd floor has a: - Family room that accommodates 2-3 guests varies R280 to R420 per person - Family room that accommodates 4-2 guests varies R420 - R520 per person The hotel offers a unique opportunity for investors or entrepreneurs looking to capitalize on its prime location. With its simple yet functional design, this hotel is perfect for short-term stays or long-term rentals. The property's proximity to local amenities and attractions makes it an attractive option for travelers. The hotel's rooms are designed to provide a comfortable and relaxing experience for guests. The current owner is open to discussing sale or partnership opportunities. For more information or to schedule a viewing, please get in touch. This hotel is a hidden gem waiting to be explored!