Engel & Völkers
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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.
Features
Garden
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Engel & Völkers Bloemfontein

Your advisor: Vuyo Mathebula

Property ID: ENV203785

Property details
  • Property type

    House

  • Bedrooms

    13

  • Bathrooms

    13

  • Parking spaces

    13

  • Living area

    ~740 m²

  • Plot surface

    ~1,242 m²

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