This spacious guest house is a hidden gem for the savvy investor or visionary buyer. Although it requires some TLC and renovation, it offers incredible potential to become a profitable income-generating property.
Set on a generous stand in a well-situated area, the property features multiple rooms and ample common spaces, making it ideal for conversion into a modern guest house or short-stay accommodation. With the right upgrades, it could attract both business and leisure travelers, ensuring a strong rental yield.
Highlights:
Fifteen guest rooms all en-suite
Large communal areas ideal for dining or lounge spaces
Secure grounds with parking for several vehicles
Prime location close to main routes, shopping, and amenities
Bring your creativity and unlock the true potential of this fixer-upper. With some investment and vision, this property could become a highly sought-after guest house offering excellent returns.
Potential rental of R57K.
Current leases in place.
