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84a Kock Street, Rustenburg Central, Rustenburg, North West
R 12 000 000
Midtown Guesthouse A Prime Investment OpportunityNestled in the heart of Midtown, this expansive guesthouse offers a rare combination of comfort, convenience, and commercial viability. With 20 bedrooms including kitchens and bathrooms, the property is designed to accommodate a high volume of guests while maintaining privacy and luxury. Each room is fitted with built-in cupboards and air conditioning, ensuring both functionality and comfort. The property spans an impressive 1,120 m² of floor area on a 1,900 m² land parcel, providing ample space for both living and leisure.The guesthouse boasts 20 covered parking bays and 10 open parking spaces, catering to visitors and long-term tenants alike. Security and accessibility are prioritized with features such as an access gate, boundary wall, and fencing, offering peace of mind to residents and guests. The landscaped garden, paved walkways, and well-maintained kitchen and laundry facilities enhance the overall appeal, while storage areas, water tanks, and a borehole ensure sustainability and practicality. The property is structured across two storeys, maximizing space efficiency and creating a welcoming atmosphere.From a business perspective, this guesthouse is a proven performer. With an annual turnover of R2.6 million, it stands as a lucrative investment in the hospitality sector. Additionally, the inclusion of flatlets generating a monthly income of approximately R18,000 adds a steady supplementary revenue stream. The property operates on pre-paid electricity, further simplifying management and reducing overhead costs.This Midtown guesthouse is more than just a propertyit is a thriving enterprise with a strong foundation and immense potential for growth. Whether envisioned as a boutique hotel, a long-term rental hub, or a continued guesthouse operation, it offers both lifestyle and financial rewards in one of the most sought-after locations. Show more Show less
Estimated monthly repayment
R 113 320
on a R 10 800 000 bond over 20 years at 11.25%
Estimate only — actual rates depend on your credit profile + bank approval. Consult a bond originator for a formal quote.
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84a Kock Street, Rustenburg Central, Rustenburg, North West
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Listed by
Dineo Mabunda
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