R 10,099,998.99

R 10,099,998.99

Prime Primrose Hill: Premier Commercial Opportunity Awaits!
1
Bedrooms
15
Bathrooms
2
Garages
Active

Prime Primrose Hill: Premier Commercial Opportunity Awaits!

Web Ref. MPLS-8213
Land size 879 m²
Monthly Bond Repayment
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Discover an exceptional investment opportunity in the heart of Primrose Hill: a versatile commercial property poised for success as a vibrant guesthouse or a multi-faceted living establishment. This unique offering transcends traditional boundaries, catering to a diverse array of needs from a boutique hotel experience to a dynamic shared living community, student accommodation for the university college community, or a tranquil country living retreat for retirement or dual-living setups.

Spanning a layout that masterfully blends modern open-plan aesthetics with timeless traditional plaster finishes, this property is designed for both functionality and charm. The expansive infrastructure is immediately apparent, boasting an impressive over 30 rooms some en-suite and 15 well-appointed bathrooms, many of which are thoughtfully designed for wheelchair accessibility, ensuring comfort and inclusivity for all guests.( it catered for 85 guest at a time) The property is divided into several blocks, efficiently serviced by 5 fully equipped kitchens, allowing for independent catering or diverse culinary experiences across the premises. Complementing these are 5 inviting lounges, providing ample communal and private relaxation spaces.

While offering abundant commercial potential, the property doesn't compromise on comfort, featuring a dedicated living space that includes a desirable walk-in closet. Pet owners will appreciate that this establishment is pet-friendly, a significant draw for many guests.

Practicality is key, with 2 garages currently utilized as valuable storage facilities, alongside 6 dedicated parking spaces, offering a mix of covered and open convenience for residents and visitors alike. Modern amenities are fully integrated, including a DSTV dish, high-speed fibre internet, and robust security features such as an alarm system and security gates and over R150,000 fire alarm system ensuring peace of mind for both management and occupants.

Whether you envision a thriving guesthouse, a dynamic student accommodation hub, a peaceful retirement haven, a flexible dual-living setup, or simply a spacious smallholding with a significant income stream, this Primrose Hill gem provides the canvas for your entrepreneurial vision. Its strategic location, combined with its extensive facilities and adaptive design, positions it as a premier investment in a sought-after community.

Features

Property Type Commercial
Listing Purpose Sale
Municipal Rates R 2700
Pet Friendly Yes
Occupation On Transfer
En-Suites 3
Levy R 1
Total Floors 2
Property Tags
Guesthouse Descriptive Commercial Types Hotel Smallholding Country Living Dual Living Retirement Living Shared Living Student Accommodation University College Community Modern Open Plan Style Traditional Plaster

Rooms

Reception Rooms 30

these bedrooms are able to hold 85 guests capacity

Bedrooms 1
Bathrooms 15

some are wheel chair accesible and

Kitchen 5

5 kitchens servicing several blocks

Lounges 5

Amenities

Garage 2

currently used as a storage facility

Parking Spaces 6

covered and open parking

Irrigation Manual
Stove/Oven
Eye Level Oven Gas Oven Gas Hob Extractor Fan Hob

Bedroom

Bedroom 1
Built-in Cupboards King Bed Twin Bed Laminated Floors Tiled Floors Wooden Floors Air Conditioner Fan Internet Port Linen Room Patio Recreation Room Veranda

Amenities

Aircon Braai Room Built in Cupboards Deck Fireplace Irrigation System Lapa Scenic View TV Walk in Closet Fibre DSTV Alarm Burglar Bars Security Gates Intercom Remote Access Secure Parking Covered Parkings

Disclaimer

While every effort will be made to ensure that the information contained within the Mandated Property Group website is accurate and up to date, Mandated Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.