Prime Investment Property – Fully Furnished Guest Lodge Near University and Amenities!
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!
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Disclaimer: While every effort will be made to ensure that the information contained within the Mandated Property Group website is accurate and up to date, Mandated Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
