A TURNKEY GUESTHOUSE INVESTMENT IN BELGRAVIA

ZAR 1,480,000
  • 3 Bedrooms
  • 2.5 Bathrooms
  • ~200 m² Living area
  • ~200 m² Plot surface

Description

Most investment properties require time and capital before they begin generating a return. This established guesthouse offers a different proposition: the operation is already up and running, fully furnished and ready to continue trading from day one. The property comprises five semi-detached duplex townhouses, built to a standard rarely seen in Belgravia, where new developments are uncommon. Each unit is sold fully furnished and equipped, including beds, lounge and dining furniture, and a fitted kitchen with stove and generous workspace counter. There is no setup period, furnishing budget or lengthy preparation phase required — the units are ready for immediate occupation and operation. Designed as five independent businesses rather than one property divided into five, each townhouse has its own: Electric fencing JoJo water tanks Irrigation system Independent water cooler These features provide operational resilience and peace of mind, particularly in a city where water interruptions are a reality. For a short-stay accommodation business, reliability is a key part of the offering. Each duplex offers: Three bedrooms with built-in cupboards One full bathroom with bath and shower A second bathroom with shower, toilet and basin A downstairs guest toilet Open-plan lounge and dining area Terracotta flooring throughout A private enclosed courtyard Its own garden Steel staircase with safety rails The location places the property close to the demand drivers that support short- and medium-term accommodation: Sol Plaatje University, medical facilities, shopping centres and Kimberley's CBD. The potential market includes locum doctors, visiting specialists, contractors, academics on fixed-term appointments, families attending graduations and other corporate and medical travellers. Kimberley remains undersupplied with quality accommodation suited to this market. The property also offers flexibility beyond its current use. A new owner can: Continue operating the established guesthouse; Convert the units to furnished long-term rentals in a sought-after suburb with limited new stock; or Sell the units individually to owner-occupiers — with the convenience of fully furnished, move-in-ready homes. Purchase a single unit and test the investment case, or acquire all five and take ownership of the complete operation. A turnkey accommodation business, fully furnished, already trading and positioned for multiple exit strategies. Financials, occupancy history and zoning documentation available to qualified buyers on request. Contact Melvin Geldenhuys, Engel & Völkers Kimberley
Features
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Engel & Völkers Kimberley

Your advisor: Melvin Geldenhuys

Property ID: ENV226045

Property details
  • Property type

    House

  • Bedrooms

    3

  • Bathrooms

    2.5

  • Parking spaces

    2

  • Living area

    ~200 m²

  • Plot surface

    ~200 m²

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