Capitalise on walking-distance access to Design Quarter, Bryanston/Fourways — versatile 2000m² guest house with 11 en‑suite rooms, pool, Pilates studio and Res 2 approval for eight dwellings.
Discover an exceptional investment opportunity with this versatile property, currently operating as a successful guest house with 11 well-appointed en-suite rooms.
With Res 2 approval already secured for the construction of 8 dwellings on this 2000m2 erf, investors can capitalise on the burgeoning demand for residential spaces in this highly sought-after area.
Alternatively, with its strategic location and ample amenities, this property is also perfectly poised for conversion into long-term, fully-furnished studio rentals, providing a lucrative revenue stream.
In addition to the existing accommodations, the property features a spacious Pilates studio that can be easily transformed into a larger living space, offering further potential for increased returns.
Residents and guests alike will enjoy a serene outdoor experience with a well-maintained swimming pool and paved outdoor area, perfect for relaxation and leisure activities. The property also boasts open parking facilities that can accommodate at least 11 vehicles, ensuring convenience and accessibility or which can be converted into more income-generating accommodation.
Situated within walking distance to the vibrant Design Quarter Shopping Centre, this property offers unparalleled convenience to the Bryanston and Fourways areas. With easy access to the N1 Western Bypass, commuting to other parts of the city is seamless.
Don’t miss out on this unique opportunity to invest in a property with immense potential in a prime location. Contact us today to arrange a viewing and explore the possibilities this exceptional property has to offer.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R5,500,000
Price reduced by 0.9% to R5,450,000
Price reduced by 3.7% to R5,250,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 143 listings in Sandton (town)
Insight
Priced below the median for similar properties in the area.
Similar properties pricing
Market depth
143 similar listings
High similar-home inventory town-wide (Sandton)
Median time on market: 123 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Fourways is a vibrant, fast-paced commercial and residential hub that offers a convenient lifestyle with an abundance of modern shopping centers, diverse dining options, and easy access to major business districts.
* Distances and amenities are approximate.