FEATURED
SOLE MANDATE
Web Ref RL1761
R5,498,000
Monthly Bond Repayment R54,890.92
Calculated over 20 years at 10.5% with no deposit.
Change Assumptions
Calculate Affordability | Calculate Bond & Transfer Costs
Monthly Rates
R1,216.66
R1,216.66
Prime Investment Opportunity – Two Properties, One Price!
EXCLUSIVE SOLE MANDATE
KEY SELLING FEATURES UPFRONT:
• Hospitality Ready: Sale includes all movables (optional), making it a turnkey opportunity for guesthouse operators or backpackers’ lodge owners.
• Income-Generating Potential: 9 en-suite bedrooms, 5 additional bedrooms, 5 shared bathrooms, and 4 cabanas – perfect for short-term rentals, student housing, or a boutique lodge.
• Sustainability Built-In: Solar power system and 20,000 litres of water storage ensure seamless operation – a rare and valuable asset in Melville.
• Live-Work Potential: With consent rights for hospitality use and zoning flexibility, this property is ideal for professionals seeking to live and work onsite.
• Prime Location: Centrally located near UJ, Wits, major hospitals, and key transport routes – this is an address that works for residents, tenants, and visitors alike.
PERFECT FOR:
• Professionals: Establish a private practice, consulting rooms, or offices while living onsite.
• Investors & Entrepreneurs: Operate the existing backpackers' lodge or transform it into sought-after short-term rental units.
• Guesthouse Operators: With current hospitality rights in place, easily convert into a boutique guesthouse.
• Developers & Private Buyers: Redevelop or design your dream home—or both.
PROPERTY FEATURES:
• 9 En-Suite Bedrooms: Each with shower, bath, toilet & wash basin
• 5 Additional Bedrooms
• 5 Shared Bathrooms
• 4 Cabanas (Staff Accommodation)
• 1 Large Kitchen & 1 Small Kitchenette
ENTERTAINMENT & COMMUNAL SPACES:
• Spacious communal dining area
• Cozy bar area
• Outdoor built-in braai
• Inviting communal swimming pool
ENERGY & WATER EFFICIENCY:
• Solar and geyser system for reduced utility costs
• 20,000L water tanks ensure uninterrupted supply – a major advantage in the area
LOCATION HIGHLIGHTS:
• Education: 700m to UJ, 3.8km to Wits, multiple top schools within 4.4km
• Healthcare: Near Milpark, Helen Joseph & Netcare Garden City Hospitals
• Recreation: 1.9km to Mark’s Park & The Country Club Johannesburg
• Transport: Only 3.4km to M1 Highway access
CONTACT US TODAY to schedule your private viewing and unlock the full potential of this outstanding offering.
KEY SELLING FEATURES UPFRONT:
• Hospitality Ready: Sale includes all movables (optional), making it a turnkey opportunity for guesthouse operators or backpackers’ lodge owners.
• Income-Generating Potential: 9 en-suite bedrooms, 5 additional bedrooms, 5 shared bathrooms, and 4 cabanas – perfect for short-term rentals, student housing, or a boutique lodge.
• Sustainability Built-In: Solar power system and 20,000 litres of water storage ensure seamless operation – a rare and valuable asset in Melville.
• Live-Work Potential: With consent rights for hospitality use and zoning flexibility, this property is ideal for professionals seeking to live and work onsite.
• Prime Location: Centrally located near UJ, Wits, major hospitals, and key transport routes – this is an address that works for residents, tenants, and visitors alike.
PERFECT FOR:
• Professionals: Establish a private practice, consulting rooms, or offices while living onsite.
• Investors & Entrepreneurs: Operate the existing backpackers' lodge or transform it into sought-after short-term rental units.
• Guesthouse Operators: With current hospitality rights in place, easily convert into a boutique guesthouse.
• Developers & Private Buyers: Redevelop or design your dream home—or both.
PROPERTY FEATURES:
• 9 En-Suite Bedrooms: Each with shower, bath, toilet & wash basin
• 5 Additional Bedrooms
• 5 Shared Bathrooms
• 4 Cabanas (Staff Accommodation)
• 1 Large Kitchen & 1 Small Kitchenette
ENTERTAINMENT & COMMUNAL SPACES:
• Spacious communal dining area
• Cozy bar area
• Outdoor built-in braai
• Inviting communal swimming pool
ENERGY & WATER EFFICIENCY:
• Solar and geyser system for reduced utility costs
• 20,000L water tanks ensure uninterrupted supply – a major advantage in the area
LOCATION HIGHLIGHTS:
• Education: 700m to UJ, 3.8km to Wits, multiple top schools within 4.4km
• Healthcare: Near Milpark, Helen Joseph & Netcare Garden City Hospitals
• Recreation: 1.9km to Mark’s Park & The Country Club Johannesburg
• Transport: Only 3.4km to M1 Highway access
CONTACT US TODAY to schedule your private viewing and unlock the full potential of this outstanding offering.
Features
Pets Allowed
Yes
Interior
Bedrooms
14
Bathrooms
14
Kitchen
1
Reception Rooms
3
Furnished
No
Exterior
Security
Yes
Parkings
20
Domestic Accomm.
4
Pool
Yes
Sizes
Land Size
1,491m²
