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: 97.4% purchase price, 2.6% buying costs.
- Asking price R 1 500 000
- Transfer duty (est.) R 8 700
- Deeds Office (transfer) R 1 304
- Conveyancing (est., incl. VAT) R 30 475
- Deeds lodgement R 52
- Total indicative R 1 540 531
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 3 549 589
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 1 350 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.