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R101.52 per m² | 766m² Hotel To Let in Morningside

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R101.52 per m²

Gross Monthly Rental
R230,000 Excl. VAT
Lease Period
36 months
Availability
Immediately

Fully Furnished 17-Bedroom Boutique Hotel To Let in Morningside - Ready to Trade

Legacy Real Estate Group presents an exceptional opportunity to lease a fully operational and tastefully furnished 17-bedroom boutique hotel in the sought-after suburb of Morningside. Ideal for a seasoned hospitality operator, this turnkey property is ready for immediate occupancy and trading.

The hotel spans two buildings with 17 en-suite bedrooms. One building features a serene garden with two units opening onto private patio areas, while the second building houses five rooms on each level. All rooms are stylishly furnished and set up for hassle-free operations. The hotel includes a reception area, a comfortable waiting lounge, and a dedicated office space. Booking platform access can be provided. An on-site laundry facility is available to handle linen and guest requirements efficiently.

A standout feature of the property is its 60-seater restaurant, positioned at the rear with excellent visibility from Argyle Road. This space includes a fully equipped commercial kitchen, private boardroom, internal dining area, and an expansive outdoor seating patio—fully furnished and ready to operate.

Additional amenities include secure parking for 17 vehicles, a security office, storeroom, and dual access with drive-in and drive-out gates. The location is superb, within walking distance of Greyville Racecourse, Florida Road, and Avondale Supermarket, and easily accessible from Musgrave, Essenwood, the beachfront, and the M4 freeway.

Base rental is R200,000 per month. Total rental including VAT is R230,000 per month. The price per square meter is approximate and excludes VAT. Property extent is approximate and subject to final measurement.

For more details or to arrange a private viewing, please contact Tyla or Salman at Legacy Real Estate Group.

Features

0
Zoning
Commercial
Interior
Air Conditioning
Yes
Power (3 Phase)
Yes
Exterior
Security
No
Sizes
Floor Size
766m²
Extras Air Conditioner; Balcony Room; Accommodation; Fireplace
Tyla Colette Moffitt
Tyla Colette Moffitt
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