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Investor-ready guest house in a sought-after, walkable university precinct, offering communal living and strong returns, plus a pool with covered braai — 13 bedrooms, 13 bathrooms.
This well-established guest house offers an outstanding investment opportunity with excellent income-generating potential. Ideally located in a sought-after area, the property is also perfectly positioned for conversion into student accommodation, within walking distance of the university.
The guest house comprises 11 fully equipped bedrooms, each featuring its own en-suite bathroom and kitchenette, providing comfortable and private accommodation for guests or students. A welcoming reception area, spacious lounge and living area open onto a beautifully maintained garden, complete with a covered braai area and swimming pool, creating an inviting space for relaxation and entertainment.
In addition to the guest house facilities, the property includes a separate main house with two bedrooms, two bathrooms, a kitchen, office space and a laundry area, making it ideal for owner accommodation or additional rental opportunities.
Further features include two storerooms and secure covered parking for up to 27 vehicles. The property is fully walled and fitted with electric fencing, ensuring excellent security.
Whether you are looking to operate a thriving guest house or capitalize on the growing demand for student accommodation, this versatile property presents an exceptional opportunity.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R11,500,000
Labram is a well-established, tranquil residential and light commercial suburb in Kimberley that offers a strategic location for professional services and small-to-medium enterprises seeking proximity to the city's primary retail hubs and arterial transport routes.
* Distances and amenities are approximate.
