Established 3-star guesthouse sold as a going concern, close to Tower Mall and Tusk Rio Casino, with audited accounts, trained staff, three-phase power and easy reconversion.
This is an established 3-star (accreditation by the SA Tourism Grading Council) guesthouse with EXCELLENT rooms and bathrooms. Features include three-phase electricity, Special Rezoning. The property is being sold as a going concern. Audited statements are available to qualifying buyers. Extremely neat and well-maintained with trained staff. Conveniently situated approximately 500 metres off the busy N12, in close proximity to Tower Mall, Tusk Rio Casino etc. Viewing is strictly to vetted buyers, and by appointment through the appointed Agent. The original house was converted in such a way that it can easily be converted back.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R1,075,000
Price reduced by 16.3% to R900,000
Price increased by 31.1% to R1,180,000
Price reduced by 9.8% to R1,064,250
Price reduced by 7.0% to R990,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 424 listings in Klerksdorp (town)
Insight
Priced below the median for similar properties in the area. On a price-per-m² basis, it is 18% below the median.
Similar properties pricing
Key differences
Market depth
424 similar listings
High similar-home inventory town-wide (Klerksdorp)
Median time on market: 211 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
Alabama is a quiet, developing residential suburb in Klerksdorp that offers affordable housing options and a close-knit community atmosphere within easy reach of the city's major commercial hubs.
* Distances and amenities are approximate.