PRIME GUESTHOUSE INVESTMENT OPPORTUNITY IN POLOKWANE

Description

PERFECTLY POSITIONED PROPERTY WITH CONSISTENT RENTAL INCOME AND EXPANSIVE POTENTIAL Located in the heart of Polokwane's most desirable suburb, this property offers everything you need to start your own guesthouse or continue with the current tenants, ensuring a consistent and profitable monthly rental income. With its prime location near essential amenities, generous land and floor size, and all-inclusive sale, this is an opportunity you don’t want to miss. The property is designed with guesthouse functionality in mind and offers incredible expansion potential for additional rooms or even a conference venue. With tenants currently occupying the rooms, you are guaranteed a steady rental income, with the potential for even higher returns. Key Features: • Land Area: 1566 m² • Floor Size: 852 m² • Current Monthly Rental Income: R40,000 – R52,000 (with room for potential increase) • Fully Furnished: Selling "Lock, Stock, and Barrel" • Main Building: o 12 spacious bedrooms, each with an en-suite bathroom and kitchenette o Expansive open-plan lounge, kitchen, and dining areas o Scullery and laundry area o Entertainment area and swimming pool for tenant use o 3 lock-up garages and 11 covered carports • Second House: o Stylish, rustic design with 2 bedrooms and 2 en-suite bathrooms o 2 living areas, offering a unique charm and comfort • Additional Features: o 2 x 10,000-liter Jojo tanks with pressure pumps for water supply o Irrigation system for easy maintenance of the grounds o Store room that could easily be converted into an extra room o Motorized garage doors and access gates for added security o Pre-paid electricity system in place, with provisions to install meters in each room o Rates and taxes: R1,000 per month o Normal residential zoning with approved building plans for further development or expansion This property is an exceptional investment opportunity, offering consistent income with the added potential for future growth. Whether you choose to continue with the current tenants or expand to accommodate more guests, this property is primed to deliver. Don’t wait too long – opportunities like this don’t come around often. Call today to schedule your personal viewing! VAT included

Features

Backup Water

Yes

Built In Braai

Yes

Fireplace

Yes

Intercom

Yes

Irrigation System

Yes

Entrance Hall

Yes

Family / TV Room

Yes

Guest Toilet

Yes

Lapa

Yes

Pantry

Yes

Reception

Yes

Access Gate

Yes

Fence

Yes

Garden

Yes

Paveway

Yes