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Dormehls Drift, Dormehls Drift, George, Western Cape
R 2 495 000
Proven Airbnb Performer in George`s Premier Medical Precinct | Investment Opportunity Opportunities to acquire an established, income-generating short-term rental in one of George`s most strategic locations are exceptionally rare. Situated in The Meadows, 18 Gloucester Street, Dormehls Drift, George, this immaculate two-bedroom, two-bathroom apartment offers investors the opportunity to step into a fully operational Airbnb business with a proven track record and future bookings already secured. Furniture can be purchased additionally. Unlike many short-term rental properties that require substantial setup costs and marketing efforts, this apartment can be sold as is if the buyer chooses to purchase the furniture additionally and equipped, allowing a purchaser to seamlessly continue operating the Airbnb business from transfer date. Existing bookings can be transferred to the new owner by arrangement. Why This Location Works Location is everything in the short-term rental market, and The Meadows enjoys one of the most desirable positions in George. Situated in Dormehls Drift, the apartment is within walking distance or a short drive of major healthcare facilities, specialist medical practices, rehabilitation centres, day hospitals and business services. The property is located near both Mediclinic George and Mediclinic Geneva, while the broader area is home to numerous medical specialists, consulting rooms and healthcare providers. This creates a steady stream of accommodation demand from patients, visiting specialists, medical representatives, family members of patients, business travellers and holidaymakers alike. George itself remains the commercial and administrative hub of the Garden Route, attracting year-round visitors and supporting a robust short-term rental market. Property Features - 2 Spacious bedrooms - 2 Bathrooms - Open-plan living and dining area - Lift access within the building - Beautiful mountain views - Swimming pool within the complex - Situated close to the pool area - Undercover parking - Pet friendly (one small dog, subject to Body Corporate approval) - Excellent lock-up-and-go lifestyle - Established Airbnb operation with proven performance Monthly Expenses - Levy: Approximately R2,700 per month - Municipal account: Approximately R2,700 per month - Electricity and water usage: Approximately R1,200 – R1,500 per month depending on consumption An Investment That Is Already Working Whether you are an investor seeking a turnkey income-producing asset, a professional looking for a lock-up-and-go apartment with excellent rental potential, or a buyer wanting the flexibility of personal use combined with short-term rental income, this property offers an attractive combination of location, convenience and proven performance. Detailed Airbnb income records and booking history are available to qualified buyers upon request.
Estimated monthly repayment
R 23 561
on a R 2 245 500 bond over 20 years at 11.25%
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Dormehls Drift, Dormehls Drift, George, Western Cape
Fair-value check
Priced highPriced 26% above comparable 2-bed apartments for sale in Dormehls Drift
Based on 26 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Dené du Plooy
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