16 Bedroom House for sale in Glenashley

Established Income-Generating Guest House | Going Concern | Asset Sale Including All Operational Equipment Generates a profit of R 290 000 per month Pine Cottages presents a rare opportunity to acquire a fully operational hospitality asset in one of Durban North’s most strategically positioned suburbs. Situated on a prominent 1,012m² site directly opposite a busy retail node, this established guest house offers immediate income generation with significant long-term growth potential. The property comprises 13 fully fitted guest accommodation units together with a separate 3-bedroom apartment, creating multiple revenue streams and operational flexibility. The asset is being sold as a going concern, inclusive of all movable assets, furniture, fittings, and equipment required to continue trading from transfer. Designed to accommodate both corporate and leisure markets, the property is enhanced by a range of income-supporting facilities, including a 40-seater conference venue, dining area, swimming pool, entertainment area, children’s play area, and ample on-site parking. Investment Highlights Established and profitable hospitality business Prime Glenashley location opposite Spar Shopping Centre 13 fully fitted guest accommodation units Separate 3-bedroom apartment 40-seater conference and events facility Multiple income streams from accommodation, conferences, and events Excellent accessibility to major transport routes and business hubs Ample on-site parking Sold fully equipped as a turnkey operation Existing operational infrastructure in place Strong potential for further revenue optimisation and business expansion Property Features Site Extent: ±1,012m² 13 guest accommodation units 3-bedroom manager’s or owner’s apartment Swimming pool Conference centre Dining facilities Braai and entertainment area Children’s play area Secure on-site parking Strategically positioned within a well-established residential and commercial precinct, Pine Cottages benefits from excellent visibility, convenience, and accessibility. Its location, operational track record, and comprehensive facilities make it an attractive acquisition for investors seeking a stable income-producing asset with future upside potential. Opportunities to acquire fully operational hospitality businesses in established Durban North locations are seldom available. Pine Cottages offers investors the advantage of immediate income generation, operational continuity, and long-term value growth in a sought-after market. Viewing Schedule: - 2026-08-22 12:30 to 2026-08-22 13:30

Glenashley, Glenashley, Durban North, KwaZulu-Natal

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