R39,500,000
2 Park Lane, Franschhoek Rural, Franschhoek
Monthly Bond Repayment R421,239.70
Calculated over 20 years at 11.5% with no deposit.
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Monthly Rates
R9,900
R9,900
Timeless Elegance, yet Country Comfort
On the quiet Southern outskirts of Franschhoek, under the towering blue mountains, lies this magnificent guesthouse - an almost 1000m2 residence on a more than 9000m2 perfectly landscaped garden, complete with serene water features.
This 4-star guesthouse has been active for almost 8 years under the current ownership and is running like a well-oiled machine, with more than 60% occupation already for 2024 (confirmed bookings). Only 6 staff members are permanently employed, and casuals are recruited in peak season for additional laundry and room services.
The guesthouse comprises a 2-bedroom Villa with its own swimming pool, large modern kitchen, lounge area, and an under-roof patio with glass curtains/frameless glass stacking doors. Ten more guest rooms, each has its own outdoor patio and garden area with views over the valley and mountains. There is also one more studio/suite complete with its own lounge area and kitchenette. Two more swimming pools, of which one is heated, grace the pool patios and lounging areas, where the guests also have more outdoor seating areas.
The entire guesthouse has underfloor heating, heat pump geysers for each bathroom, and air conditioners to ensure guests’ comfort during the cold and hot seasons of Franschhoek. Some bedrooms also have wood-burning fireplaces.
The guesthouse uses borehole water but can switch over to municipal water when necessary. A greywater recycling system, using water from the laundry rooms, is in place to supplement the borehole water in the warm summer months to irrigate the beautiful gardens.
This property is in a VAT-registered company and will be sold as a going concern. Alternatively, 100% of the company shares will be sold to the prospective buyer. No transfer duty is therefore payable.
This 4-star guesthouse has been active for almost 8 years under the current ownership and is running like a well-oiled machine, with more than 60% occupation already for 2024 (confirmed bookings). Only 6 staff members are permanently employed, and casuals are recruited in peak season for additional laundry and room services.
The guesthouse comprises a 2-bedroom Villa with its own swimming pool, large modern kitchen, lounge area, and an under-roof patio with glass curtains/frameless glass stacking doors. Ten more guest rooms, each has its own outdoor patio and garden area with views over the valley and mountains. There is also one more studio/suite complete with its own lounge area and kitchenette. Two more swimming pools, of which one is heated, grace the pool patios and lounging areas, where the guests also have more outdoor seating areas.
The entire guesthouse has underfloor heating, heat pump geysers for each bathroom, and air conditioners to ensure guests’ comfort during the cold and hot seasons of Franschhoek. Some bedrooms also have wood-burning fireplaces.
The guesthouse uses borehole water but can switch over to municipal water when necessary. A greywater recycling system, using water from the laundry rooms, is in place to supplement the borehole water in the warm summer months to irrigate the beautiful gardens.
This property is in a VAT-registered company and will be sold as a going concern. Alternatively, 100% of the company shares will be sold to the prospective buyer. No transfer duty is therefore payable.
Features
Pets Allowed
Yes
Interior
Bedrooms
13
Bathrooms
16
Kitchen
2
Reception Rooms
15
Study
1
Furnished
Yes
Exterior
Security
Yes
Parkings
15
Flatlet
1
Domestic Accomm.
1
Pool
Yes
Scenery/Views
Yes
Sizes
Floor Size
900m²
Land Size
9,122m²
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