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This spacious house is conveniently situated on the East Rand and is currently being run as a successful commune. This property has previously been run as a successful Guesthouse with rooms that offer a romantic environment alongside many helpful amenities to enhance guest’s stay. There is a lounge/ dining room with a kitchen to be utilized as well as a conference room and swimming pool along with a garden to relax in. The property has 7 en suite units with one of the units configured as a 2 bedroom unit with a shared bathroom.
All rooms have wifi access, a fridge, microwave, toaster, and electric kettle. Each room has its own private entrance and outside furniture to enjoy. A braai area is also available to the tenants.
The property offers storage in the form of an inside and outside storeroom as well as a wooden zozo hut. The parking facilities can accommodate up to 7 vehicles. The gate is remote controlled, and access can be managed from anywhere due to a phone-linked intercom system. This property runs on two prepaid electricity meters.
Some of the attractions near 29 on Koedoe include Ebotse Golf and Country Estate, Elandsvlei, Glenvista Golf Club, as well as a Deli and Arts & Crafts Market.
Current monthly income operating as a Commune is R25 000.
Potential income as a Guest House charged at R500 per room for 2 people sharing (R250 per person):
On a 33% occupancy, R35 000 per month
On a 50% occupancy R52 500 per month
On a 100% occupancy R105 000 per month.
Should breakfast be added this could increase the potential revenue.
