FEATURED
Web Ref RL1845
FEATURED
Web Ref RL1845
R8,999,995
Monthly Bond Repayment R95,978.61
Calculated over 20 years at 11.5% with no deposit.
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Monthly Rates
R3,900
R3,900
"Exceptional Dual Property Investment: 15-Bedroom Guest House with Income Potential!"
This property presents an excellent investment and income-generating opportunity, currently operating as a guest house. By renting out the rooms on a monthly basis, the combined properties could generate an impressive income of approximately R100,000 per month and come with business rights!
With a total of seven separate dwellings and 15 bedrooms across the two properties, this offering makes it possible to pay off a bond in no time.
ERF 1:
The first guest house is divided into three sections. The main guest house includes three bedrooms, a kitchen, a lounge, a dining room, an enclosed braai area, and a patio. The East Wing features three private bedrooms, each with an en-suite bathroom, and has a separate entrance from the main house. Additionally, there is a self-contained garden cottage that includes a kitchen, lounge, and two en-suite bedrooms.
ERF 2:
This second guest house is also divided into three sections. The main house includes four bedrooms, a kitchen, two living rooms, a dining room, and a built-in braai with a bar. The upstairs studio apartment offers partial views of Table Mountain, complete with a kitchen, living space, and en-suite bathroom. There is also a self-contained garden cottage with a kitchen, lounge, en-suite bedroom, and a private patio. Another self-contained garden cottage overlooks the pool and features a kitchen, lounge, and en-suite bedroom.
Additional Key Features:
- Two main houses with self-catering units, offering a total of 15 bedrooms and 13 bathrooms.
- Four kitchens, seven living areas, and four dining areas.
- Sold furnished.
- Two double garages with safe parking for up to 10 cars, with additional areas in the garages that are ideal for storing kite surfing equipment, surfboards, or converting into storage for linen and other items essential to the guest house business.
- The tranquil garden setting features well-established plants, two ponds, and a swimming pool.
- Three braai areas and a bar, perfect for entertaining guests.
- Solar geysers, Jojo water tanks, and a borehole ensure sustainable living.
- Two separate domestic quarters are located at the back of the property.
* Please note that not all rooms could be photographed due to the presence of guests. This also affected the floor plans, which do not show all rooms.
Don’t let this incredible opportunity slip through your fingers! Call Cat today for an exclusive tour!
With a total of seven separate dwellings and 15 bedrooms across the two properties, this offering makes it possible to pay off a bond in no time.
ERF 1:
The first guest house is divided into three sections. The main guest house includes three bedrooms, a kitchen, a lounge, a dining room, an enclosed braai area, and a patio. The East Wing features three private bedrooms, each with an en-suite bathroom, and has a separate entrance from the main house. Additionally, there is a self-contained garden cottage that includes a kitchen, lounge, and two en-suite bedrooms.
ERF 2:
This second guest house is also divided into three sections. The main house includes four bedrooms, a kitchen, two living rooms, a dining room, and a built-in braai with a bar. The upstairs studio apartment offers partial views of Table Mountain, complete with a kitchen, living space, and en-suite bathroom. There is also a self-contained garden cottage with a kitchen, lounge, en-suite bedroom, and a private patio. Another self-contained garden cottage overlooks the pool and features a kitchen, lounge, and en-suite bedroom.
Additional Key Features:
- Two main houses with self-catering units, offering a total of 15 bedrooms and 13 bathrooms.
- Four kitchens, seven living areas, and four dining areas.
- Sold furnished.
- Two double garages with safe parking for up to 10 cars, with additional areas in the garages that are ideal for storing kite surfing equipment, surfboards, or converting into storage for linen and other items essential to the guest house business.
- The tranquil garden setting features well-established plants, two ponds, and a swimming pool.
- Three braai areas and a bar, perfect for entertaining guests.
- Solar geysers, Jojo water tanks, and a borehole ensure sustainable living.
- Two separate domestic quarters are located at the back of the property.
* Please note that not all rooms could be photographed due to the presence of guests. This also affected the floor plans, which do not show all rooms.
Don’t let this incredible opportunity slip through your fingers! Call Cat today for an exclusive tour!
Features
Pets Allowed
Yes
Interior
Bedrooms
15
Bathrooms
13
Kitchen
4
Reception Rooms
11
Study
2
Furnished
No
Exterior
Garages
4
Security
Yes
Parkings
10
Flatlet
2
Domestic Accomm.
2
Pool
Yes
Scenery/Views
Yes
Sizes
Land Size
2,020m²
