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Sonheuwel, Sonheuwel, Nelspruit, Mpumalanga
R 4 450 000
This versatile and spacious property offers exceptional investment potential in a prime Nelspruit location. Originally established as a guesthouse, the property comprises 18 bedrooms and 13 bathrooms, with a welcoming verandah overlooking a sparkling swimming pool. It is currently operated as student accommodation, housing 40 students and generating a rental income of approximately R50,000 per month. The substantial 1,630sqm property consists of two separate erven — one measuring 870sqm and the other 760sqm. There are two houses on the property: one estimated at approximately 260sqm, and a larger double-storey home of approximately 380sqm. The property is well-equipped for efficient large-scale living or hospitality operations, featuring a full industrial kitchen and a cold room. This setup makes it ideal for continued student accommodation or for conversion back...
Estimated monthly repayment
R 42 023
on a R 4 005 000 bond over 20 years at 11.25%
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Sonheuwel, Sonheuwel, Nelspruit, Mpumalanga
Area view — the exact address is shared on enquiry.