Property details

10

?

Beds

Baths

Garage

Parking

Rooms

Swimming Pool

Garden

Furnished

Restaurant

Pet Friendly

Alarm

Guest Rooms

Wheelchair

Wireless

Aircon

Spa

Elevator

Conference Facilities

Erf size:
1,273 m²

Features

10 bedrooms (10 en suite) / 9 bathrooms

Well established Victorian Guesthouse – Observatory – Cape Town

Erf size 1273 m². Buildings approx 448 m² Zoning GR2 – allowing for further development and add units. A total of 10 bedrooms; divided over : • 5 double guestroooms B&B style, all en-suite • 2 self-catering suites, all en-suite • 3 bedrooms in a separate self-catering Apartment, 2 shower rooms, lounge, dining room, fully equipped kitchen Situated in the heart of the funky suburb of Observatory, City of Cape Town, nestled at the foot of Devil's Peak as it runs down to the Liesbeek River. At walking distance to many restaurants and shops, the Groote Schuur Hospital and a short drive to the UCT Medical school, the River Club and Black River Park. Just out of the city centre offering that intimate village feel, yet close to all the major highways and stations. Grounds : Extensive gardens Annex (approx. 24 m²) providing a gardening/maintenance room and a housekeeper room Parking on site for 6 vehicles Parking: Secure off street parking for 6 vehicles Security: Electric Fence CCTV over the car park and front entrance gate Alarm with external monitoring service Local Observatory watch patrols 24/7 Backup external lighting in event of load shedding Off grid solar powered water heating Business: The business has an excellent track record and a very established clientele, trading since 1989 and providing accommodation to new and many return guests. Focus mainly on South African guests and thus less dependent on foreign travelers. Ideal for a family to live on site and rent out the remainder of the guestrooms, or live off site and rent out all units. Alternative is to rent out long term to students/UCT related business. Low risk, high residential fall back, established and with opportunity to unlock further potential.

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