$1,228,981

Single Family Detached Durban North

  • 16 Beds
  • 16 Baths
  • 10,840 Sqft
  • 10,894 Sqft lot
  • Updated: August 7
  • 12
    Views for last 30 days

About the Property

Established Income-Generating Guest House | Going Concern | Asset Sale Including All Operational Equipment
Generates a profit of R 290 000 per month

Pine Cottages presents a rare opportunity to acquire a fully operational hospitality asset in one of Durban North’s most strategically positioned suburbs. Situated on a prominent 1,012m² site directly opposite a busy retail node, this est
Established Income-Generating Guest House | Going Concern | Asset Sale Including All Operational Equipment
Generates a profit of R 290 000 per month

Pine Cottages presents a rare opportunity to acquire a fully operational hospitality asset in one of Durban North’s most strategically positioned suburbs. Situated on a prominent 1,012m² site directly opposite a busy retail node, this established guest house offers immediate income generation with significant long-term growth potential.

The property comprises 13 fully fitted guest accommodation units together with a separate 3-bedroom apartment, creating multiple revenue streams and operational flexibility. The asset is being sold as a going concern, inclusive of all movable assets, furniture, fittings, and equipment required to continue trading from transfer.

Designed to accommodate both corporate and leisure markets, the property is enhanced by a range of income-supporting facilities, including a 40-seater conference venue, dining area, swimming pool, entertainment area, children’s play area, and ample on-site parking.

Investment Highlights
Established and profitable hospitality business
Prime Glenashley location opposite Spar Shopping Centre
13 fully fitted guest accommodation units
Separate 3-bedroom apartment
40-seater conference and events facility
Multiple income streams from accommodation, conferences, and events
Excellent accessibility to major transport routes and business hubs
Ample on-site parking
Sold fully equipped as a turnkey operation
Existing operational infrastructure in place
Strong potential for further revenue optimisation and business expansion
Property Features
Site Extent: ±1,012m²
13 guest accommodation units
3-bedroom manager’s or owner’s apartment
Swimming pool
Conference centre
Dining facilities
Braai and entertainment area
Children’s play area
Secure on-site parking
Strategically positioned within a well-established residential and commercial precinct, Pine Cottages benefits from excellent visibility, convenience, and accessibility. Its location, operational track record, and comprehensive facilities make it an attractive acquisition for investors seeking a stable income-producing asset with future upside potential.

Opportunities to acquire fully operational hospitality businesses in established Durban North locations are seldom available. Pine Cottages offers investors the advantage of immediate income generation, operational continuity, and long-term value growth in a sought-after market.
  • Property type

    House

  • Price/sqft

    $113

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Glen Ashley, KwaZulu-Natal, South Africa View on Google Maps
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Lee Devar

Joined 6 months ago
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Lee Devar
South Africa
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2
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2026
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KW PIVOT
KW PIVOT
16 The Loop St, Pretoria, South Africa
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Last updated
August 7
First listed
Jun 19
Listing reference
2128143917533634
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