$733,504

House Rustenburg

  • 20 Beds
  • 20 Baths
  • 12,056 Sqft
  • 20,452 Sqft lot
  • Updated: Today

About the Property

Midtown Guesthouse – A Prime Investment Opportunity
Nestled 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 con
Midtown Guesthouse – A Prime Investment Opportunity
Nestled 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 m² of floor area on a 1,900 m² 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 property—it 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.
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  • Property type

    House

  • Price/sqft

    $60

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South Africa Rustenburg Rustenburg Central, North West View on Google Maps
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Tertius Olivier
South Africa
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Tertius Olivier Tertius Olivier background
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2025
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Chas Everitt International Property Group
Chas Everitt International Property Group
126 Kayburne Avenue, Randpark Ridge, Johannesburg, 2169, Johannesburg, South Africa
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The Chas Everitt International Property Group was established in 1980, starting with its first office in Randburg,
The Chas Everitt International Property Group was established in 1980, starting with its first office in Randburg, Gauteng. Over the past four decades, it has grown into a true family business where ethics and values are deeply embedded in the company’s DNA.

A dynamic organisation, Chas Everitt is committed to giving clients, buyers, tenants, landlords, and sellers a competitive edge in the marketplace. Through our international affiliations, we can assist clients with relocations to any town or city in South Africa or across the globe. Our unique property solutions marketing strategy ensures maximum exposure, attracting more prospective buyers and tenants for our sellers and landlords.

Recognised as one of South Africa’s premier estate agency groups, Chas Everitt is built on a foundation of strong family values and a commitment to not only serve clients well but to become their lifelong property advisors by delivering exceptional service.

Our dedicated property professionals are local specialists equipped with comprehensive marketing tools and trained to guide clients through every step of buying, selling, or letting property – and beyond.
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Last updated
Today
First listed
September 30
Listing reference
3117638
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