9
Baths
1
Parking
About this property
Ubuntu Guest Lodge — Prime Investment Opportunity in Bellevue East, Johannesburg
A rare, turnkey hospitality asset located at 146 Frances Street in the heart of Bellevue East, Johannesburg. This is a fully operational, income-generating guest lodge ready for a new owner to step in on day one.
The property comprises 9 guest rooms, each with a private en-suite bathroom, all fully furnished and currently operational. The layout includes a large covered courtyard/patio area with a corrugated-iron lean-to roof supported by steel posts — ideal as a communal or reception space — as well as multiple secure access doors to individual rooms. Rooms feature tiled floors, decorative pressed-ceiling finishes, and curtained windows.
The property also includes a separate covered workshop or storage area to the rear, a tiled common courtyard linking the units, and secure on-site parking (multiple garages listed).
Current revenue is approximately R40,000–R50,000 per month, with significant upside available through listing on global booking platforms such as Booking.com and Airbnb, securing corporate long-stay contracts, and capitalising on the high-demand central Johannesburg location.
The sale includes both the physical real estate and the established, licensed business — a valid guest lodge licence is in place and up to date. Maryland Primary School is approximately 84 m away, and the property is well-served by public transport, with bus stops within 250–370 m, and supermarkets and eateries within easy walking distance.
Rooms & layout
Features & amenities
Price & ownership
Cost to buy (indicative)
Purchase type is not confirmed below. Transfer duty is estimated for a standard resale (not a VAT-inclusive developer or vendor sale). Check with the agent.
Upfront split
Rough split: 97.3% purchase price, 2.7% buying costs.
- Asking price R 1 600 000
- Transfer duty (est.) R 11 700
- Deeds Office (transfer) R 1 390
- Conveyancing (est., incl. VAT) R 32 085
- Deeds lodgement R 52
- Total indicative R 1 645 227
Estimates from SARS transfer duty tables, Deeds Office–style fees, and LSSA conveyancing guidelines. Not financial or legal advice. Confirm with your attorney. Duty uses the higher of price or market value.
Table ref: sars_2025-04-01
Bond Calculator
Total paid over 20 years (deposit + repayments): R 3 786 229
Monthly repayment vs interest rate (deposit fixed at 10%)
Monthly repayment vs deposit percentage (rate fixed at 11.25%)
Indicative estimate only. Loan of R 1 440 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.
R 1 600 000