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R4,900,000
R4,900,000
Monthly Bond Repayment R52,255.05
Calculated over 20 years at 11.5% with no deposit.
Change Assumptions
Monthly Rates
R4,000
R4,000
25-Room Guesthouse/Student Accommodation Investment Opportunity
Calling all investors! This exceptional 25-room property, currently operating as a guesthouse , offers incredible potential for growth and profitability. Located in a convenient and high-demand area, this well-maintained establishment features 17 en-suite rooms, providing comfort and privacy for guests or tenants. The remaining 8 rooms share bathrooms, ensuring practicality and ease of use for all residents.
The property is fully functional but presents numerous opportunities to maximize its potential. Whether you’re looking to expand the current operations, convert it into a premier student residence, or enhance it as a thriving guesthouse, the possibilities are endless. With a large number of rooms and amenities already in place, this investment could generate substantial returns with the right vision and management.
Perfectly situated close to educational institutions, transportation hubs, and local amenities, this property is ideally suited for student accommodation or short-term stays. The demand for rental rooms in this area is strong, making this a compelling opportunity for any savvy investor.
Seize this chance to take over a property with incredible upside potential, and unlock a profitable future.
Features
Interior
Bedrooms
25
Bathrooms
21
Exterior
Carports / Parkings
10
Security
Yes
Sizes
Floor Size
700m²
Land Size
2,266m²
Wilgehof, 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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