$989,533

Exclusive 10 Bedroom Property With Exceptional Income Generating Potential

  • 13 Beds
  • 13 Baths
  • 4,747 Sqft
  • 8,305 Sqft lot
  • Updated: April 15
  • 2
    Views for last 30 days
  • 6

About the Property

Exclusive 10-Bedroom Property with Exceptional Income-Generating potential
We are pleased to present this exceptional 10-bedroom, 10-bathroom property, offering a unique opportunity for both residential living and business development. Located in a prime area with stunning sea views, this fully furnished home is situated within a Residential Zone 1 and comes with the allowance to operate as a
Exclusive 10-Bedroom Property with Exceptional Income-Generating potential
We are pleased to present this exceptional 10-bedroom, 10-bathroom property, offering a unique opportunity for both residential living and business development. Located in a prime area with stunning sea views, this fully furnished home is situated within a Residential Zone 1 and comes with the allowance to operate as a guesthouse, making it an ideal investment for those seeking a versatile and income-generating property.

Key Features:
10 Bedrooms & 10 Bathrooms: A spacious layout with ample room for guests or large family living. Each room is thoughtfully designed to maximize comfort and privacy.
Two Fully Equipped Kitchens: The property features two fully functional kitchens, ideal for both family living and catering to guests.
Dining Areas & Laundry: Generous dining spaces and a dedicated laundry area to ensure convenience for residents and guests alike.
Fully Furnished: The property is being sold fully furnished, with high-quality furnishings selected specifically for the house’s needs.
Upstairs Apartment: The upstairs features a self-contained apartment with 3 bedrooms, 3 bathrooms, a kitchen, lounge, and dining area. This private space offers spectacular sea views from every room.
Guesthouse Potential:
This property has previously been operated as a guesthouse, with a flexible approach to bookings. For approximately 8 months last year, the house was not actively rented out to guests due to extensive rebuilding, but a small number of regulars continued to use the facility during this period. The owner has maintained Nightsbridge booking system data for the last two years, providing insight into the property’s potential performance. Most bookings are secured with deposits, with some payments still pending through the end of December.

The property is held within a VAT entity, with ownership under a pharmaceutical consultancy. As part of the sale, the buyer will inherit the full furnishing package, and the owner will retain only personal belongings and clothing. The house and its contents are well-maintained and ready for immediate use, either as a private residence or a business opportunity.

Investment Opportunity:
This property presents an outstanding opportunity to operate a guesthouse, bed and breakfast, or similar hospitality business. The location, coupled with its residential zoning and allowance for guesthouse operations, provides an ideal setting for such ventures. The home’s structure and amenities make it a desirable option for both short-term and long-term guests, and the inclusion of detailed booking data offers valuable insights into its future income potential.

The house is located in an area with strong demand for both residential and tourist accommodations, ensuring the opportunity for steady revenue generation. Whether you’re looking to establish a business or enjoy the property as a private residence with supplementary income, this is a rare and highly versatile opportunity.

Contact Information:
For more information or to schedule a private viewing, please contact us directly. We look forward to assisting you with your property investment journey.

This is a VAT transaction - price includes VAT.
  • Property type

    Country House

  • Price/sqft

    $208

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Wilderness Heights, Western Cape, South Africa View on Google Maps
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RM Realtors

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RM Realtors
South Africa
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14
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2024
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RM Realtors
South Africa
View agency profile
Last updated
April 15
First listed
Dec 28, 2024
Listing reference
RL1717
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