Web Ref No RL10091

Situated in a highly sought-after location near the University, major sports fields, Grey & Eunice schools, top hospitals, and popular shopping malls, this fully furnished overnight accommodation offers a prime investment opportunity with excellent income potential.

The property features eight en-suite rooms, ranging from double rooms to spacious family units that can comfortably accommodate up to 20 guests. Each room is thoughtfully equipped with kitchenettes including tea and coffee-making facilities, a bar fridge, kettle, crockery, and cutlery—ensuring a comfortable and convenient stay for guests.

Key features include:

Income-generating property with a monthly income of R28,000

NSFAS income from 4 rooms: R16,000 (R4,000 per room)

Other room rental income: R12,000

All furniture included in the sale—walk-in ready!

Bar area and braai facilities for guest entertainment

Ample seating for 40 guests in both covered and open areas

Gazebo with a 12-seater dining setup

Conference room ideal for business events or workshops

Undercover parking for guest convenience

24/7 CCTV surveillance and a security guard on-site for peace of mind

Municipal water included in rates and taxes

Well-maintained and fully equipped, this guesthouse is a turnkey opportunity for entrepreneurs or investors looking to enter the hospitality market or expand their portfolio with a high-demand property in a thriving location.

Don't miss out—call Annette Kasselman today to arrange your exclusive viewing!