R5,620,000
Monthly Bond Repayment R56,108.94
Calculated over 20 years at 10.5% with no deposit.
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Monthly Rates
R3,898
R3,898
Prime CBD Guesthouse and Restaurant
This exceptional property presents a solid investment opportunity in the heart of the CBD, offering serious potential as a fully functional commercial B&B and restaurant. With 10 en-suite bedrooms and a private 2-bedroom flatlet complete with its own garden and patio, the property is ideally suited for multiple income-generating uses or as a mixed-use lifestyle investment. The restaurant is equipped with a reception area, kitchen, and veggie garden, making it ready to cater to guests or expand into a larger dining venture. Solar power ensures sustainable energy, while secure parking for 11 vehicles, high walls, security gates, and burglar bars provide peace of mind. A borehole and two JoJo tanks guarantee a reliable water supply, further adding to the property’s self-sufficiency.
The outdoor areas are thoughtfully designed for relaxation, featuring tranquil gardens and rest spaces where guests can unwind. Each bedroom is fully furnished and includes bedding, showers, and toilets, allowing for immediate operation with minimal setup required. The property’s location in the CBD makes it particularly attractive for different ventures. It can operate as a Bed & Breakfast for tourists and business travelers, be adapted into student accommodation due to its proximity to a local college and amenities, or serve as a mixed-use investment where owners live in the flatlet while running the restaurant and renting out rooms. With growth opportunities such as expanding the restaurant, creating entertainment or study areas, and catering to diverse markets, this property is a rare find with immense potential.
The outdoor areas are thoughtfully designed for relaxation, featuring tranquil gardens and rest spaces where guests can unwind. Each bedroom is fully furnished and includes bedding, showers, and toilets, allowing for immediate operation with minimal setup required. The property’s location in the CBD makes it particularly attractive for different ventures. It can operate as a Bed & Breakfast for tourists and business travelers, be adapted into student accommodation due to its proximity to a local college and amenities, or serve as a mixed-use investment where owners live in the flatlet while running the restaurant and renting out rooms. With growth opportunities such as expanding the restaurant, creating entertainment or study areas, and catering to diverse markets, this property is a rare find with immense potential.
Features
Pets Allowed
Yes
Interior
Bedrooms
10
Bathrooms
10
Kitchen
1
Furnished
No
Exterior
Security
Yes
Parkings
11
Flatlet
1
Pool
No
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