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Bayswater, Bayswater, Bloemfontein, Free State
R 3 400 000
Situated in a quiet, tree-lined street in close proximity to Northridge Mall, this modern and well-maintained guest house presents an excellent opportunity to acquire an established hospitality business as a going concern. The property currently offers 6 spacious en-suite guest rooms, with approved potential to expand to 9 rooms, allowing for future growth and increased income potential. A standout feature of the property is the well-designed conference facility that can comfortably accommodate up to 60 delegates, making it ideal for corporate functions, training sessions, and business meetings. The industrial kitchen is centrally positioned to efficiently serve both the dining area and conference venue, ensuring smooth operation during busy periods. Adjacent to the conference facility is a separate enclosed entertainment area, perfect for hosting meals, drinks, or networking events. This versatile space can also be used as a second, smaller conference venue, adding flexibility to the business offering. Guests can unwind after a busy day with access to the inviting swimming pool, providing a relaxing outdoor space during the warm summer months. The zoning application is currently in the process of being registered, further enhancing the property's business potential. The property is sold voetstoots and offers a solid income-generating opportunity, with the potential to comfortably service bond repayments. If owning and operating a guest house is your passion, this is an excellent opportunity to enter the hospitality market with a well-positioned and versatile property.
Estimated monthly repayment
R 32 107
on a R 3 060 000 bond over 20 years at 11.25%
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Bayswater, Bayswater, Bloemfontein, Free State
Area view — the exact address is shared on enquiry.
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