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R 2 900 000 Bond Calculator | Commercial Property for Sale in Erasmus

Bronkhorstspruit, Erasmus

8
Erf Size: 2 550 m²

Guest house, 2552 square metres available.....Need renovations

Lil's Place was once a well-maintained guest house featuring eight bedrooms and bathrooms, offering a comfortable and welcoming environment. While the property now requires some attention and updates to restore it to its former charm, it holds significant potential for revitalization.

Currently, the guest house is occupied by tenants under lease agreements. Should the new owner decide to proceed with the purchase, the existing tenants can be retained, providing immediate rental income.

The property includes a borehole, ensuring ample water supply for both the household and tenants, as well as for outdoor use. Spanning 2,552 square meters, the property offers ample space with significant potential for expansion, or it can be maintained in its current state.

The Guest House rooms are all currently full with rental agreements.

Lil's Place is registered with business rights, offering the flexibility to continue operating as a guest house or be transformed into a stunning family home. The property is equipped with a beautiful entertainment area, including a swimming pool, braai area, and more, making it an ideal space for both relaxation and hosting guests. Whether you choose to maintain its current business use or convert it into a private residence, this property provides numerous possibilities to suit your needs.


Property Overview

Listing Number
115694858
Type of Property
Commercial Property
Erf Size
2 550 m²
Rates and Taxes
R 2 880

Facilities

Bedroom
8
Bathrooms
8
Kitchens
2

External Features

Parking
10

Building

Building Name
LIL'S PLACE
Multi Tenanted
Yes
Backup Water
Borehole, Water Tank

Other Features

Security
1
Security 1
Totally Fenced, Burglar Bars
Temperature Control
1
Temperature Control 1
Fireplace
Nearby Public Transport
Bus, Minibus Taxi
Wheelchair Accessible
No
Generator
No
Backup Water
No


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Agents

Yolandi Kruger
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Patrick Mokonyama
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