Property Features
Cshflowing Business with Loads of Potential
This is a rare opportunity to own a cash flowing business in Rondebosch East.
Owned since 1997 this business has built up a reputation in the community and with international guests alike.
This property has many ways to make it work
Bed and Breakfast
Conferencing
Multi Let
Short Term Lets
Business Hub
Weddings
Functions
Conferences are currently R300pp with 50 guests max in the Upper Larger conference suite - Thats a whopping R15 000 per event per day- around 1/2 a month
Smaller Conference Suite R5000
Rooms rent for R1000 per night at 9 rooms for half month occupancy is R126 000 - Cape Town sits at around 70% occupancy - so major scope here to add more - I am being conservative with the numbers.
You can Easily see that this business cashflows
With some hard work and dedication this business can be a Real winner for an owner.
If you just want to buy the house empty R 5.999.000
if you want to buy the business with everything - lock stock and barrel. R6.999.000
Owners are retiring
- 11 Bedrooms
- 2 Conference Rooms
- Welcome / Reception
- Upper Deck
- Bar
- Kitchen
+27 (0)66 208 2059
+27 (0)21 569 5300
whatsapp agent
riccardo@propertymave...
riccardo@propertymaverick.co
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