19-bedroom guesthouse for sale, prime location, 75% occupancy, potential for rental income, secure, versatile, and ideal for investment.
Charming 19-Bedroom Guesthouse for Sale in Prime Location
Discover an exceptional investment opportunity with this spacious 19-bedroom guesthouse, ideally situated next to the main road in a highly sought-after area. Currently operating at approximately 75% occupancy, this property offers immense potential for both short-term and long-term rental income. Its prime location, just 2.5 km from Northridge Mall, makes it a convenient choice for guests and residents alike.
Accommodation and Amenities:
1. Three Double Rooms: These rooms do not have private bathrooms but share a bathroom within the house.
2. Large Family Room: Perfect for families, this room includes one double bed and two single beds.
3. Fourteen Double Rooms with Bathrooms: Each room is equipped with its own private bathroom, providing comfort and privacy for guests.
4. One Single Room with Bathroom: A cozy option for solo travelers, complete with a private bathroom.
The property is surrounded by a cement slab wall and brick walls, ensuring complete privacy. For added security, all rooms are fitted with burglar-proof bars and steel gates.
Additional Features:
- Versatility: While currently used as a guesthouse, the property is also ideal for conversion into student housing.
- Outdoor Space: Enjoy a well-maintained brick-paved area and an open parking space that accommodates up to three cars.
- Entertainment Area: A charming stoop roof at the back of the property creates a perfect setting for a braai (barbecue) area.
- Safe Neighborhood: Located in a no-crime neighborhood, offering peace of mind to both residents and guests.
Although the property may require some minor repairs, its solid structure and layout present a fantastic opportunity for enhancement and personalization. The guesthouse’s unique combination of privacy, security, and prime location makes it an outstanding investment.The proparty has a large kitchen.
Don’t miss out on this rare chance to acquire a nineteen-bedroom guesthouse in a highly desirable area. Ideal for overnight stays or accommodating large groups, this property offers substantial potential for growth and profitability.
Contact us today to arrange a viewing and explore the endless possibilities this guesthouse has to offer. This is truly a unique opportunity that should not be missed!
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R2,500,000
Price reduced by 12.0% to R2,200,000
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Bayswater is a tranquil, well-established residential suburb in Bloemfontein that offers families and professionals a peaceful living environment with convenient access to major retail hubs and essential city amenities.
* Distances and amenities are approximate.