R 42 000 000
 

Commercial property for sale in Bryanston

Bryanston, Sandton

Bedrooms 32 Bathrooms 33 Garages 0
Security features
Security features
Erf size: 14256 m²

Bryanston- Only For That Smart Investor

UNLIMITED POTENTIAL
GUESTHOUSE – 4/5 STAR
CONVENTION CENTRE
SPA
DEVELOPMENT LAND
Most Prestigious Street in Bryanston
Land 14 246 m2
Divided as follows:
Erf Size Buildings Zoning
Guesthouse & Convention Centre 3591m2 2500m2 under roof Consent Use
3759m2 Res 2
Development Land 3758m2 302m2 under roof Res 2
Development Land 3138m2 297m2 under roof Res 1
Location: Located in the Heart of Upmarket Bryanston, conveniently between Sandton, Randburg and Fourways, and close to a number of key arterials.
Guest house: Providing a 4 to 5 star Guesthouse, together with a quality dining restaurant.
Two Conference Facilities: 1 x 24 Seater Conference Facility
1 x 70 Seater Conference Facility
Accommodation: 32 x Double Bedroom all en suite
Lounge and Diningroom
Office and Reception
Ample Guest Parking
Spa: Adjoining the Guesthouse are two residential stands where a Spa is situated on one of the properties operated independently by a third party
Other Managers Flat
Garden Store Room
The Business centres on providing accommodation, generating approximately 60% of turnover.
The conference facilities are an important contributor in its own right.
Zoning: The Guesthouse property has “consent use” to operate as a guesthouse.
Two of the 1 Acre properties are undeveloped and are zoned Res 2. These properties have the capacity to comfortably be consolidated and developed into 11 clusters. (final rezoning pend-ing)
The entire property has enormous potential whether utilized as a Guesthouse and Confer-ence Centre with Spa and an exclusive cluster development on the adjacent land.
Or
A Gentleman’s Estate with perhaps two other Prestigious Homes developed on the adjacent land.
For further information
Joey Friedman on 0724751571 or email freshrealty1@altonet.co.za

Property Details
Type of Property
Commercial Property
Description
New Development, Guesthouse, Hotel, Retail
Erf Size
14256 m²
Rooms
Bedrooms
32
Bathrooms
33
Street address is not disclosed
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Contact agent

P24-100796937

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Bond Costs

Approximate bond cost - R 364 485p/m (assuming 8.5% interest rate and 20 year period with no deposit).

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