$261,397

Prime Investment Opportunity Near University, Sports Fields, Hospitals, and Shopping Malls This well-located overnight accommodation offers not only convenient proximity to the University, Sports Fields, Grey & Eunice schools, and nearby hospitals, but also provides a healthy return on investment. All furniture included! The property boasts eight en-suite rooms, ranging from doubles to family-sized units that can accommodate up to four guests. With a total capacity for 20 guests, each room is equipped with kitchenettes featuring coffee and tea-making facilities, a kettle, crockery, cutlery, and a bar fridge. Additional on-site facilities cater to all needs and include: A bar area for guest relaxation Braai facilities for outdoor dining Seating for 40 guests, with both undercover and open areas Undercover parking for convenience 24/7 CCTV monitoring and a security guard for peace of mind A gazebo with a 12-seater dining area A conference room for business use This well-equipped and well-maintained property presents an ideal investment for an entrepreneur seeking a seamless, profitable venture. Municipal water is included in the rates and taxes NSFAS income and the amount = 4 rooms, and they are together R16,000, R4,000 per room Other room rental income = R12,000 Monthly income is R28,000 Don't miss out on this opportunity—call Annette Kasselman today to arrange a viewing.

Amenities

• Bedrooms: 8
• Full Bathrooms: 9
• Partial Bathrooms: 0
• Property Type: Residential
• Home size: 0 ft² / 0.00 m²
• MLS: RNR22323
• Status: Active

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