Apartment for sale
Lock-up-and-go lifestyle in George’s medical precinct near Mediclinic — perfect for busy professionals or investors. Step into an established Airbnb business with bookings already in place.
Proven Airbnb Performer in George`s Premier Medical Precinct | Investment Opportunity
Opportunities to acquire an established, income-generating short-term rental in one of George`s most strategic locations are exceptionally rare.
Situated in The Meadows, 18 Gloucester Street, Dormehls Drift, George, this immaculate two-bedroom, two-bathroom apartment offers investors the opportunity to step into a fully operational Airbnb business with a proven track record and future bookings already secured. Furniture can be purchased additionally.
Unlike many short-term rental properties that require substantial setup costs and marketing efforts, this apartment can be sold as is if the buyer chooses to purchase the furniture additionally and equipped, allowing a purchaser to seamlessly continue operating the Airbnb business from transfer date. Existing bookings can be transferred to the new owner by arrangement.
Why This Location Works
Location is everything in the short-term rental market, and The Meadows enjoys one of the most desirable positions in George.
Situated in Dormehls Drift, the apartment is within walking distance or a short drive of major healthcare facilities, specialist medical practices, rehabilitation centres, day hospitals and business services. The property is located near both Mediclinic George and Mediclinic Geneva, while the broader area is home to numerous medical specialists, consulting rooms and healthcare providers. This creates a steady stream of accommodation demand from patients, visiting specialists, medical representatives, family members of patients, business travellers and holidaymakers alike.
George itself remains the commercial and administrative hub of the Garden Route, attracting year-round visitors and supporting a robust short-term rental market.
Property Features
- 2 Spacious bedrooms
- 2 Bathrooms
- Open-plan living and dining area
- Lift access within the building
- Beautiful mountain views
- Swimming pool within the complex
- Situated close to the pool area
- Undercover parking
- Pet friendly (one small dog, subject to Body Corporate approval)
- Excellent lock-up-and-go lifestyle
- Established Airbnb operation with proven performance
Monthly Expenses
- Levy: Approximately R2,700 per month
- Municipal account: Approximately R2,700 per month
- Electricity and water usage: Approximately R1,200 – R1,500 per month depending on consumption
An Investment That Is Already Working
Whether you are an investor seeking a turnkey income-producing asset, a professional looking for a lock-up-and-go apartment with excellent rental potential, or a buyer wanting the flexibility of personal use combined with short-term rental income, this property offers an attractive combination of location, convenience and proven performance.
Detailed Airbnb income records and booking history are available to qualified buyers upon request.
Listed for sale at R2,495,000
How does this home’s price compare with similar properties?
Price comparison based on 13 similar-sized 2-bed homes.
Insight
Priced 67% above the local median - and above the typical range across George.
Compared with 13 similar homes (14 listings) across George.
It costs more per m² than similar homes - buyers should compare condition, position, views, finishes and floor size before deciding. Benchmarked on town-level data where the suburb sample is limited. Premium pockets may trade above town averages - check with the agent for local guidance.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Dormehls Drift is a tranquil, centrally located residential suburb in George that offers residents a peaceful lifestyle with convenient access to the town's primary amenities and natural beauty.
