For Sale, ZAR 12,000,000
North West, South Africa
Property Type : Single Family Home
Property Style : N/A
Build Size : N/A
Land Size : N/A
Bedroom : 20
Bathroom : 0
Half Bathroom : 0
MLS#: N/A
Property Description
Midtown Guesthouse GÇô A Prime Investment OpportunityNestled in the heart of Midtown, this expansive guesthouse offers a rare combination of comfort, convenience, and commercial viability. With 20 bedrooms including kitchens and bathrooms, the property is designed to accommodate a high volume of guests while maintaining privacy and luxury. Each room is fitted with built-in cupboards and air conditioning, ensuring both functionality and comfort. The property spans an impressive 1,120 m-¦ of floor area on a 1,900 m-¦ land parcel, providing ample space for both living and leisure.The guesthouse boasts 20 covered parking bays and 10 open parking spaces, catering to visitors and long-term tenants alike. Security and accessibility are prioritized with features such as an access gate, boundary wall, and fencing, offering peace of mind to residents and guests. The landscaped garden, paved walkways, and well-maintained kitchen and laundry facilities enhance the overall appeal, while storage areas, water tanks, and a borehole ensure sustainability and practicality. The property is structured across two storeys, maximizing space efficiency and creating a welcoming atmosphere.From a business perspective, this guesthouse is a proven performer. With an annual turnover of R2.6 million, it stands as a lucrative investment in the hospitality sector. Additionally, the inclusion of flatlets generating a monthly income of approximately R18,000 adds a steady supplementary revenue stream. The property operates on pre-paid electricity, further simplifying management and reducing overhead costs.This Midtown guesthouse is more than just a propertyGÇöit is a thriving enterprise with a strong foundation and immense potential for growth. Whether envisioned as a boutique hotel, a long-term rental hub, or a continued guesthouse operation, it offers both lifestyle and financial rewards in one of the most sought-after locations.
More
Elegant Midtown Compound With Garden Courtyards, South Africa,North West is a North West luxury Single Family Home listed for sale ZAR 12,000,000. This high end North West Single Family Home is comprised of 20 bedrooms and 0 baths. Find more luxury properties in North West or search for luxury properties for sale in North West.