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5 Bedroom Freehold For Sale in Gardens

R6,750,000


Monthly Bond Repayment R70,824.78
Calculated over 20 years at 11.25% with no deposit.

Web Ref No KIR146

Panoramic Views and Exceptional Returns

Panoramic Views and Exceptional Return

We are very excited to present this charming guesthouse, perfectly positioned on De Lorentz Street, just a short walk from the vibey Kloof Street with all its amenities, conveniently close to mountain trails and the beaches of Clifton and Camps Bay and all other major tourist attractions.

A welcoming covered entrance, flanked by potted trees and traditional shutters, leads into a cosy lounge and dining area with an original fireplace. The spacious kitchen, complete with a laundry, opens onto a quaint courtyard. There are also two spacious ensuite guest rooms.

Upstairs, three more ensuite guest rooms await—some with stunning mountain views, and two that open onto a large sundeck with panoramic views of Signal Hill, the City, Table Bay Harbour and Devil’s Peak. What a place to enjoy the sunset, or rest after a long day of sightseeing.

With high occupancy rates and an 8 out of 10 rating on Booking, this guesthouse delivers an impressive yield of approximately 12%. Figures are available upon request.
This is a wonderful opportunity to either continue the current lean operation or elevate it into a more upmarket establishment. Alternatively, it could be transformed into a premium student residence or digital nomad haven, just steps from Kloof Street.

There is an option to buy fully furnished. Please note this listing price is subject to VAT, no transfer duties apply.

Contact me today for a private viewing, I would love to show you around.

Exclusively brought to you by Kapstadt International Properties

Features

Bedrooms 5
Security Yes
Bathrooms 5.5
Recep. Rooms 2
Land Size 212m²
Furnished Yes
Pets Allowed Yes
Monthly Rates R7,800.00

Agent Contact Details

Henri Landon
Non-Principal Property Practitioner
Registered with PPRA
(FFC 202 478 000 10)

Cell 060 983 2854
Office (021) 4242211
Flore de Vries
Non-Principal Property Practitioner
Registered with PPRA
(FFC 202 374 984 3)

Cell 078 862 6044
Office (021) 4242211

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