R11,550,000plus VAT thereon
R11,550,000
plus VAT thereon
1 garage12 parking baysErf 1481 m²
Expenses
Rates and Taxes:
R4,200 per month
Commercial Building for sale in Labram
Exceptional Guest House & Prime Imvestment Opportunity
Discover an outstanding investment opportunity with this well-established guest house, ideally situated in a highly sought-after area and within walking distance of the university. With excellent income-generating potential, this versatile property is perfectly suited to continue operating as a successful guest house or to be converted into lucrative student accommodation ( Can develop for up to 40 rooms)
The property boasts 11 fully equipped guest bedrooms, each offering the convenience and privacy of an en-suite bathroom and kitchenette, ensuring comfortable accommodation for guests or students alike.
Designed with hospitality in mind, the guest house features a welcoming reception area, as well as a spacious lounge and living area that seamlessly flow onto a beautifully maintained garden. Outside, guests can enjoy a covered braai area and sparkling swimming pool, creating the perfect setting for relaxation and entertainment.
Adding further value is a separate main residence, comprising two bedrooms, two bathrooms, a well-appointed kitchen, office space, and a laundry area. This additional accommodation is ideal for owner occupation, on-site management, or generating extra rental income.
Additional features include:
11 En-suite guest rooms with kitchenettes
2-bedroom, 2-bathroom main house
Reception area
Spacious lounge and living areas
Covered braai and entertainment area
Swimming pool
Office and laundry facilities
Two storerooms
Secure covered parking for up to 27 vehicles
Fully walled property with electric fencing
Whether you are an investor seeking a profitable hospitality venture or looking to capitalize on the increasing demand for student accommodation, this exceptional property offers endless possibilities and remarkable potential. Don't miss the opportunity to secure this unique investment in a prime location.
Listing details
Rooms
- 13 Bedrooms
- Bedroom 1
- Bedroom with en-suite bathroom, air conditioner and built-in cupboards
- Bedroom 2
- Bedroom with en-suite bathroom, air conditioner and built-in cupboards
- Bedroom 3
- Bedroom with en-suite bathroom, air conditioner and built-in cupboards
- Bedroom 4
- Bedroom with en-suite bathroom, air conditioner and built-in cupboards
- Bedroom 5
- Bedroom with en-suite bathroom, air conditioner and built-in cupboards
- Bedroom 6
- Bedroom with en-suite bathroom, air conditioner and built-in cupboards
- Bedroom 7
- Bedroom with en-suite bathroom, air conditioner and built-in cupboards
- Bedroom 8
- Bedroom with en-suite bathroom, air conditioner and built-in cupboards
- Bedroom 9
- Bedroom with en-suite bathroom and built-in cupboards
- Bedroom 10
- Bedroom with en-suite bathroom and built-in cupboards
- Bedroom 11
- Bedroom with en-suite bathroom and tiled floors
- Bedroom 12
- Bedroom with en-suite bathroom and tiled floors
- Bedroom 13
- Bedroom with en-suite bathroom, air conditioner and built-in cupboards
- 15 Bathrooms
- Bathroom 1
- Bathroom with basin, shower and toilet
- Bathroom 2
- Bathroom with basin, shower and toilet
- Bathroom 3
- Bathroom with basin, shower and toilet
- Bathroom 4
- Bathroom with basin, shower and toilet
- Bathroom 5
- Bathroom with basin, shower and toilet
- Bathroom 6
- Bathroom with basin, shower and toilet
- Bathroom 7
- Bathroom with basin, shower and toilet
- Bathroom 8
- Bathroom with basin, shower and toilet
- Bathroom 9
- Bathroom with basin, shower and toilet
- Bathroom 10
- Bathroom with basin, shower and toilet
- Bathroom 11
- Bathroom with basin, shower and toilet
- Bathroom 12
- Bathroom with basin, shower and toilet
- Bathroom 13
- Bathroom with basin, shower and toilet
- Bathroom 14
- Bathroom with basin, shower and toilet
- Bathroom 15
- Bathroom with basin, shower and toilet
- Other rooms
- Kitchen
- Kitchen with hob, melamine finishes and under counter oven
- Formal Lounge
- Formal lounge with tiled floors
- Reception Room
- Reception room with tiled floors
- Laundry
- Laundry with tiled floors and washing machine connection
- Office
- Office with tiled floors
- Storeroom
- Storeroom with concrete
Other features
I'm your local property expert in Labram, South Africa
Rentia Van Lill
Registered with the PPRA - Full Status FFC
Rentia Van Lill
GoldClub AgentGoldClub status recognises the highest levels of service excellence and outstanding sales & rentals success for which the Pam Golding Properties brand is renowned.
Kimberley Office
9 West Street, Kestellhof, 8300, Northern CapeRegistered with the PPRA.Holder of a Business Property Practitioner FFC. Operating a Trust Account. A Franchise of Pam Golding Franchise Services (Pty) Ltd.Mint Fresh Trading 140 cc t/a Pam Golding Springbok (Namaqualand)
Kimberley Office details