House for sale in Erasmusrand

Overview

An exceptional investment opportunity awaits in Erasmusrand, Pretoria — a well-established and affluent suburb bordering Waterkloof Ridge.

This expansive property, set across three consolidated stands totaling ±6,454m2, offers 33 guest suites, conference facilities, spa zoning, and parking for over 100 vehicles.

With its prime location, flexible zoning, and multiple income streams, this property is ideal for conversion into a boutique hotel, wellness retreat, student accommodation, or upmarket retirement facility.

________________________________________

Property Breakdown

Stand 1 – 369 Schoongezicht Street (±917m2 under roof | 1,927m2 stand)

• 17 luxurious en-suite bedrooms (3 with kitchenettes)
• Spacious lounge doubling as conference room
• Dining area opening to a covered patio with built-in braai
• Fully equipped kitchen and laundry
• Generator with switchover

Stand 2 – 365 Schoongezicht Street (±519m2 under roof | 1,983m2 stand)

• 16 en-suite guest bedrooms
• Large conference hall (up to 100 people)
• Smaller conference/meeting room (20 people)
• Interior and exterior dining areas
• Main kitchen with gas appliances, cold rooms, and scullery
• Generator with switchover

Stand 3 – 361 Schoongezicht Street (±300m2 under roof | 2,544m2 stand, rezoned as spa)

• Reception and conference room (up to 56 people)
• Spacious living area (ideal for smaller functions or offices)
• Kitchen with scullery and storeroom
• Generator with switchover

________________________________________

Facilities & Features

• Total Bedrooms: 33 (all en-suite)
• Zoning: Special Residential – Guest House & Conference Centre
• Amenities: Spa, conference facilities, multiple kitchens, lapa, laundry, reception areas
• Security: CCTV, electric fencing, armed response
• Parking: 100+ vehicles
• Extras: Furniture, appliances, and equipment included in the asking price
• VAT Registered: Sold as a going concern – potential zero-rated VAT transaction (no transfer fees)

________________________________________

Prime Location

Perfectly positioned for both business and leisure travelers, just minutes from:

• Pretoria Country Club (5.5 km)
• University of Pretoria (10.5 km)
• Rietvlei Nature Reserve (11 km)
• Menlyn Mall, Time Square Casino & Castle Gate Lifestyle Centre
• Armscor, Mediclinic Kloof, Sol-Tech Campus, and major highways (N1 & R21)

________________________________________

Investor Potential

This property offers multiple profitable pathways:

1. Continue as a Guesthouse or Boutique Hotel – established infrastructure, ready for rebranding and relaunch.

2. Wellness & Spa Retreat – ideal zoning and facilities for a health and relaxation destination.

3. Short-Term Rentals / AirBnB Portfolio – leverage Pretoria’s growing corporate and tourism markets.

4. Student Accommodation – high rental demand near major campuses.

5. Retirement or Assisted Living Facility – spacious layout, gardens, and quiet environment.

6. Event & Conference Venue – perfect for weddings, corporate events, and functions.

________________________________________

Agent’s Note

A rare opportunity to unlock significant value — this property is primed for growth. With renewed marketing and active management, it could become a flagship guesthouse and event destination in Pretoria. Direct visibility from the N1 adds excellent exposure for future branding.

________________________________________

Why This Property Stands Out

33 furnished en-suite rooms across 3 separate title deeds

Conference, spa, and hospitality infrastructure already in place

Strong location in an upmarket, tree-lined suburb

VAT-registered seller – possible zero-rated transfer

Ready-to-operate or redevelop into your own vision