2 000 m² Commercial space in Lombardy Estate
Prestigious Lombardy Boutique Hotel & Conference Centre for Sale
Price: R46 million (excluding VAT)
Located in Pretoria East, just 2km from Silver Lakes Golf Estate and the new Lintons Corner Shopping Centre, and 10 minutes from Menlyn Square Casino. The property is also conveniently close to key amenities such as schools, hospitals, and just 3km from the Solomon Mahlangu offramp.
VAT Savings Opportunity
The R46 million price excludes VAT, but if purchased through a VAT-registered commercial entity, the full VAT amount can be reclaimed from SARS, potentially saving approximately R5 million in transfer duties.
Property Highlights
Land size: 4.2 hectares
5-Star Hotel with luxury amenities
5-Star Spa with secure tenant generating R150,000 monthly (excluding VAT)
Hotel Features:
22 luxury en-suite rooms with air conditioning, bathroom, and kitchenette
Presidential and honeymoon suites with private garden, sitting room, and fireplace
Amenities: minibar, DSTV, air conditioning, lock safe, and WiFi in all suites
2 private conference rooms
Dining area with patio and outdoor breakfast space
Private dome-shaped dining room with a wine cellar
Jacuzzi and wood fireplaces in dining areas
Restaurant kitchen and laundry facilities
Office with reception area
Large wedding/conference hall seating up to 200 guests
Gazebo and clock tower
Courtyard with water feature
40 parking spaces
Spa Features:
Spa reception and dressing area
Multiple treatment rooms
Pool and entertainment area
Kitchen and lunch reception area
Staff quarters
40 parking spaces
Established long-term tenant with a secure lease agreement generating R150,000 per month (excluding VAT)
Spa furniture, stock, and equipment not included in the sale
Additional Notes:
No long-term contracts with suppliers, allowing new ownership flexibility
The facility requires some attention
Single-level facility with wheelchair-friendly access
An exceptional opportunity for discerning investors looking to acquire a landmark property in a prime location!
Property details
- Listing number T4834648
- Property type Commercial
- Erf size 4.2 ha
- Floor size 2 000 m²
Property features
- Bedrooms 22
- Bathrooms 30