This well-established property is zoned as a guest house and offers an excellent income-generating opportunity. The property comprises a total of 22 rooms, all equipped with prepaid electricity meters, ensuring easy management of utilities and controlled costs.
Eight of the rooms generate a rental income of R3,500 each per month, while the remaining fourteen rooms generate R2,800 each per month. This results in a strong and consistent total monthly income of R67,200. The property is ideal for investors seeking immediate returns with minimal setup required.
Its zoning and existing rental structure make it suitable for continued guest house operations or long-term accommodation, offering steady cash flow and attractive investment potential.