Property Details
This self-catering guest house is a fantastic investment opportunity, currently earning R75,000 per month. The property includes a 3-bedroom main house and 5 cottages, accommodating up to 20 guests.
Property Highlights:
• Main House: 3 spacious, north-facing bedrooms, secure, sunny, and perfect for entertaining.
• 5 Cottages: Fully self-contained, ideal for guests or rental income.
• Additional Features: Domestic quarters, 2 double garages, and a double carport.
• Green Energy Systems:
? Solar geysers saving R3,500 monthly.
? 36 solar panels with a 10KW inverter reducing electricity costs by R4,000 monthly.
? Potential to be fully off-grid by adding 2 more lithium batteries.
• Prime Location: Opposite Virgin Active, near Bedford Centre, Eastgate, the airport, restaurants, and top private schools.
• Erf Size: 1,678m² | Floor Size: 680m² | Zoned Residential
• Potential Uses: Ideal for investors, guest house operations, home offices, or doctor’s rooms.
• Low Running Costs: Pay-as-you-go water and electric meters can be installed for smoother management.
Recently painted and well-maintained, this property is a prime investment for a large family, guest house operator, or investor.
Don’t miss this excellent opportunity in Bedfordview!
Cottage & Main House Rental Overview:
Cottage A: 70 sqm, 1 bedroom, well-furnished.
Rent: R9,000 + R500 for water/electricity.
Cottage B: 90 sqm, 2 bedrooms, 2 en-suite bathrooms, unfurnished.
Rent: R10,900 + R1,000 for water/electricity. North-facing, shared courtyard with built-in braai, covered parking.
Cottage C: 146 sqm (upstairs), 2 bedrooms, 2 bathrooms, sunny.
Features: Double beds, study area, open-plan lounge/dining/kitchen, gas hob, electric oven, space for washing machine/dishwasher, balcony with built-in bar.
Rent: R11,900 + R1,000 for water/electricity.
Cottage D: 80 sqm, 1 bedroom, semi-furnished.
Rent: R8,000 + R500 for water/electricity.
Cottage E: Furnished studio with bathroom and shower.
Rent: R6,600 (includes water and electricity).
Main House:
Size: 350 sqm, 3 double bedrooms, 2 full bathrooms.
Main bedroom has an en-suite, dressing room, and study.
Large lounge and dining room with double white doors.
Family room (75 sqm) opens onto a 65 sqm covered patio with skylight and built-in braai.
Private garden with space for a pool.
Parking: 2 double garages, 2 carports, and space for 6 additional cars.
Security: Trelly doors throughout, high walls, electric fencing, quiet, no highway noise.
Extras: 36 solar panels with 10 KW inverter (saves R4,500/month), 5 solar geysers (200L each) saving R3,800/month.
The property is in a prime location, opposite Virgin Active, and has great potential as a guest house or investment. It is well-maintained with updated plans and COC certificates.
The main house is currently repainted and not rented out but has rental potential of R26,000/month + R2,500 for water/electricity.
Rates: Reduced to R3,700/month
Offers: Previously turned down offers of R5.8M - R6M.
Ideal for investors or guest house opportunities!