5 Bed House in Gardens
Panoramic Views and Exceptional Returns
Panoramic Views and Exceptional Return
We are very excited to present this charming guesthouse, perfectly positioned on De Lorentz Street, just a short walk from the vibey Kloof Street with all its amenities, conveniently close to mountain trails and the beaches of Clifton and Camps Bay and all other major tourist attractions.
A welcoming covered entrance, flanked by potted trees and traditional shutters, leads into a cosy lounge and dining area with an original fireplace. The spacious kitchen, complete with a laundry, opens onto a quaint courtyard. There are also two spacious ensuite guest rooms.
Upstairs, three more ensuite guest rooms awaitsome with stunning mountain views, and two that open onto a large sundeck with panoramic views of Signal Hill, the City, Table Bay Harbour and Devils Peak. What a place to enjoy the sunset, or rest after a long day of sightseeing.
With high occupancy rates and an 8 out of 10 rating on Booking, this guesthouse delivers an impressive yield of approximately 12%. Figures are available upon request.
This is a wonderful opportunity to either continue the current lean operation or elevate it into a more upmarket establishment. Alternatively, it could be transformed into a premium student residence or digital nomad haven, just steps from Kloof Street.
There is an option to buy fully furnished. Please note this listing price is subject to VAT, no transfer duties apply.
Contact me today for a private viewing, I would love to show you around.
Exclusively brought to you by Kapstadt International Properties
Property details
- Listing number T4868571
- Property type House
- Listing date 15 Nov 2024
- Land size 212 m²
- Rates and taxes R 7 800
Property features
- Bedrooms 5
- Bathrooms 5.5
- Lounges 1
- Dining areas 1
- Pet friendly
- Balcony
- Laundry
- Patio
- Security post
- Furnished