This remarkable property offers a unique opportunity for both investors and entrepreneurs. Featuring 11 separate rental rooms, this property currently generates a substantial rental income of approximately R47,000 per month, making it a lucrative investment.
Strategically designed, the property also holds immense potential to be transformed into a fully operational guesthouse, capitalizing on its versatile layout and prime location.
Property Highlights:
• 11 fully rented rooms, ensuring immediate income.
• Spacious layout, ideal for multi-use purposes.
• Significant opportunity for value addition by converting to a guesthouse.
• Located in a convenient area, attracting both tenants and short-term guests.
Whether you’re looking to maximize rental income or create a
thriving hospitality business, this property is a rare find that promises high returns.
Read more...