R3,500,000 | 11 Bedroom Guest House For Sale in Queenswood

This expansive 11-bedroom, 8-bathroom house, set on a 1,110 sqm stand in the heart of Queenswood, offers a unique and lucrative investment opportunity. Currently operating as a commune, with all 11 rooms rented out to tenants, this property generates a monthly income ranging from R35,000 to R40,000. The sale includes all furnishings, such as beds, fridges, washing machines, and a lounge set, making it an ideal turn-key investment.
Property Features:
Outdoor Features:
• A charming thatched bungalow with 1 bedroom and an en-suite bathroom.
• 6 separate outdoor rooms, each with its own bathroom.
• Sparkling swimming pool, perfect for relaxation.
• Lapa with built-in braai and a wooden bar, ideal for entertaining.
• Borehole for efficient water supply.
• 5000L ZOZO tank with a 1.5kw pump for water storage.
• Spacious storeroom for additional storage.
• Covered carport for 3 vehicles.
• Secure parking area for up to 10 vehicles.
• Laundry room for added convenience.
Main House Features:
• A spacious upstairs room with an en-suite bathroom, walk-in closet, and a private balcony.
• 4 cozy single rooms.
• Separate bathroom and toilet.
• Inviting living room.
• Well-equipped kitchen with a 5-plate gas stove and plenty of cupboard space.
• Separate dining room.
The rental income generated from this property could potentially cover your bond repayment if financing is required.
Prime Location: This property is conveniently located near shopping centers, schools, and major transport routes, offering both comfort and accessibility.
Don’t Miss This Incredible Opportunity! If you recognize the potential of this property, act fast! This is a rare chance to secure a high-yield investment in a sought-after area. Contact me today to arrange a viewing and take the first step towards owning this fantastic property!