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R5,560,000
R5,560,000
Monthly Bond Repayment R58,338.63
Calculated over 20 years at 11.25% with no deposit.
Change Assumptions
Monthly Rates
R3,075
R3,075
Captivating Hostel Haven in Rayton: A Unique Opportunity Awaits!
***SOLE MANDATE***
Uncover the charm of this exceptional property in Rayton, transformed with purpose into a vibrant hostel for children. Boasting a blend of functionality and character, this property offers a plethora of revenue streams, including 5 bachelor units and one- and two-bedroom accommodations.
Step inside the main house to discover a versatile one-bedroom flat, perfect for a live-in student teacher, alongside an enclosed stoep area converted into a study space. Adjacent is the "principals" office, featuring a built-in braai for cozy gatherings. The lounge area exudes warmth, ideal for downtime which you could use scattered bean bags to create a homely ambiance.
The ground floor features two rooms with bathroom facilities, thoughtfully designed to accommodate multiple users. In the south wing, a fully functional kitchen overlooks the indoor pool area, complete with a laundry room and pantry for added convenience.
Ascend to the upper level to find the main bedroom with an en-suite bathroom, leading out to a sprawling balcony offering breathtaking views of Bloemfontein. Two additional bedrooms and bathroom facilities complete this floor, ensuring ample space and comfort for residents.
With a history of accommodating 28 children, this property presents a lucrative opportunity from day one. Coupled with income from rental properties, it's an ideal investment for those in homeschooling or after-school daycare, with the added allure of hostel accommodation.
Don't miss the chance to explore this one-of-a-kind property in Rayton. Contact us today to arrange a viewing and unlock the potential of this captivating space.
Features
Pets Allowed
Yes
Interior
Bedrooms
10
Bathrooms
8
Kitchens
10
Reception Rooms
3
Exterior
Carports / Parkings
11
Security
Yes
Flatlet
5
Domestic Accommodation
1
Sizes
Floor Size
688m²
Land Size
1Ha
Extras
North • Steel • Air Conditioner • Modern • Linen Room • Water Tanks • Flatlet • Carpets • Staff Quarters Domestic Rooms • Indoor Beams • Outdoor Beams • Burglar BarsLilyvale S H, Bloemfontein
Situated in the Free State province, the tranquil city of Bloemfontein is the judicial capital of South Africa. It is the economic hub of the Mangaung Local Municipality, "place where the Cheetahs dwell", as well as the commercial capital of the province.
Bloemfontein is extremely popular for its grand showcase of roses, the 'Mangaung Rose Festival'. Held every October since 1976, the festival attracts thousands...
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