Income-generating guesthouse minutes from the Design Quarter and Bryanston, on 2000m² with six en‑suite rooms, pool, thatched lapa, solar borehole and Res 2 approval for eight dwellings.
Discover an extraordinary opportunity with this versatile property, currently operating as a successful guest house.
Situated on a generous 2000m2 erf, this establishment features 6 en-suite rooms, a fully-equipped kitchen, various inviting common areas, and an outdoor restaurant complete with a large thatched entertainment lapa. This property not only promises immediate returns but also offers remarkable development potential.
With Res 2 approval already secured for the construction of 8 dwellings, investors can capitalise on the burgeoning demand for residential spaces in this highly sought-after area.
Alternatively, envision transforming the property into a luxurious double-storey family home, perfectly suited for large families or those who love to entertain. A solar borehole further enhances the property's appeal.
Guests and residents will delight in the serene outdoor environment, featuring a well-maintained swimming pool and an expansive paved area ideal for relaxation and leisure. The property also includes ample open parking facilities, accommodating at least 12 vehicles, ensuring convenience for all.
Perfectly positioned within walking distance of the vibrant Design Quarter Shopping Centre, this property offers unmatched convenience to the bustling Bryanston and Fourways areas. With seamless access to the N1 Western Bypass, commuting to other parts of the city is effortless.
Seize this rare opportunity to invest in a property that combines immediate income potential with future development prospects in a prime location. Don’t miss out—contact us today to arrange a viewing and explore the myriad possibilities this exceptional property has to offer.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R5,000,000
Price reduced by 1.0% to R4,950,000
Price reduced by 4.0% to R4,750,000
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.