Property features

R3 150 000
Rates R3500 pm

Property Details

Presenting a rare and refined opportunity for savvy investors or hospitality entrepreneurs: this spacious, multi-unit property is zoned Residential 1 and currently operating as a guesthouse. With flexibility built into its design and strong income-generating potential, this elegant estate is poised for rapid growth and immediate return. The property features 10 generously sized units, each ranging approximately between 76m² and 85m², offering spacious living for tenants or guests. Each unit has been thoughtfully planned to include: • A private bedroom • A bathroom • A full kitchen • Its own lock-up garage • A prepaid electricity meter, ensuring convenience and independent usage per unit Currently, 3 of the 10 units are fully completed and operational, being utilized for guest accommodation. The remaining 7 units require final interior finishes, such as ceiling installations, tiling, basins, taps, showers, and kitchen fittings — presenting an exciting opportunity for value-adding upgrades that will significantly increase rental or hospitality revenue. Additional Features Include: • 10 garages in total — one per unit, providing secure, private parking • Entrance via a side gate or through the double garage, allowing discreet and flexible access • An on-site bar area, perfect for guest entertainment or an additional revenue stream • A quiet, secure setting ideal for both long-term tenants and short-stay guests Zoned Residential 1, the property allows for single residential use, including guesthouse operations, with permissible usage subject to municipal approvals. Its current use as a guesthouse demonstrates its strong potential, while its layout also makes it highly suitable for sectionalizing or rental unit development. This is more than a property — it’s an elegant income-generating asset with the foundation already laid. Finish the final touches and unlock its full earning potential. Viewings by appointment only. Don’t delay — opportunities like this don’t come around often.