Turnkey Property Investment or Luxury Multi-Unit Residential Conversion Opportunity
ZAR 8,995,000
- 13 Bedrooms
- 13 Bathrooms
- ~740 m² Living area
- ~1,242 m² Plot surface
Description
Strategically Located | Versatile Zoning | Fully Equipped
This exceptional property offers incredible flexibility for investors or developers – currently operating as a successful guest house with strong occupancy, but recently rezoned to residential, allowing for conversion into a luxury multi-unit residence, boutique apartments, student housing, or an exclusive family compound.
Centrally positioned just 5 minutes from Bloemfontein’s CBD and 10 minutes from the airport, the property lies in a peaceful cul-de-sac. Whether continuing as a hospitality operation or repurposing for residential use, location and infrastructure are unbeatable.
*Security & Parking
Full perimeter security: Devil’s fork fencing + electric fencing
CCTV surveillance system with LED monitors (reception & manager’s flat)
Secure on-site parking (some undercover)
2 additional off-street bays
*13 En-Suite Guest Bedrooms / Residential Units
Spacious, well-appointed rooms with high-quality finishes, perfect for continued guest accommodation or conversion to long-term rentals or residential units:
3x Double Rooms
3x Rooms with Two Double Beds
1x Family Room (1 Double + 2 Single Beds)
4x Twin Rooms (two interleading)
2x Self-Catering Units (including executive unit with desk, 2 TVs, queen bed)
9 Full Bathrooms, 4 Shower-Only – Most rooms with private balcony/garden access
Features include:
Rest Assured Beds (no foam)
Built-in desks, cupboards, bar fridges, safes
Air conditioning & uncapped Wi-Fi
Flat screen TVs with DSTV/M-Net
*Public & Service Areas
Ideal for communal guest use or reimagined as shared residential amenities:
Tiled balconies & patios with outdoor seating & gas braai.
Reception area with lockable built-in desk, intercom, CCTV, card facilities.
Spacious lounge/dining room with fireplace, leather couches, 20-person seating.
Modern kitchen: Eye-level oven, gas/electric hob, extractor, microwave, dishwasher.
Linen storage, guest toilet, and built-in buffet for service efficiency.
Laundry room with washing machine, dryer, ironing station.
Garage (lockable), staff room, and water storage tank (5,000L) with pump.
*Manager’s Flat / Additional Unit
Self-contained 1-bedroom flat with lounge, kitchen, bathroom.
Built-in cupboard separation, own CCTV monitor.
Can be used for on-site manager or converted into 14th rentable unit.
*Infrastructure & Sustainability
24 KVA, 3-Phase Solar System (42 panels) – Installed August/Sept 2025.
2x Heat Pumps + 6 Geysers for energy-efficient hot water.
Garden irrigation system.
Business license, occupancy, and health certificates (Mangaung Municipality) and is registered for VAT and is also registered as a supplier to government departments (CSD).
*Key Investment Highlights
✔Rezoned to Residential – Flexible development or repurposing options
✔ Turnkey Guest House – Continue operations with existing infrastructure
✔ Prime Location – Central, accessible, and visible
✔ Energy Efficient – Solar, heat pumps, water systems in place
✔ Security & Parking – Complete peace of mind for guests or residents
✔ Multiple Income Streams – Short/long term rentals, management flat, or redevelopment
Serious Investors & Buyers Welcome
This property offers immediate income potential and long-term value growth and member of the South African Tourism Grading Council. Whether you're looking to expand your hospitality portfolio, convert to high-end student housing, or develop luxury residential units, this beautiful property provides the ideal foundation.
Garden
Engel & Völkers Bloemfontein
Your advisor: Vuyo Mathebula
Property ID: ENV203785