Property description
Tyson Properties Helderberg proudly presents this Dual Mandate situated in the heart of Somerset West.
This property in Somerset West offers a versatile opportunity for various buyers. Currently operating as a 4-star 8 bedroomed guest house, it features a substantial 4600m² erf that can be subdivided or sectionally titled, making it ideal for developers or investors interested in Airbnb.
The double-story home includes:
• Main Unit: Located on the top floor with a private entrance, it features an open-plan lounge with a built-in fireplace, kitchenette, two bedrooms, a large walk-in closet, and a full bathroom with modern amenities. A spacious balcony with a jacuzzi provides stunning views of the garden.
• Self-Contained Unit: A separate 2-bedroom unit with its own lounge, kitchen, and en-suite bathrooms.
• Mezzanine Floor: Contains three additional units that can serve as a family space or individual rooms all with their own bathrooms.
In addition to its various living units and spacious garden, the property features a large sauna located at the end of the garden. This adds a luxurious touch and enhances the appeal for both family living and potential guests, making it an attractive feature for those interested in wellness and relaxation.
This property is well-suited for large families or investors looking to capitalize on the growing Airbnb market in the region. Investors can operate the current guest house while taking the time to subdivide the property. This allows for the construction of modern homes, providing an excellent opportunity to generate additional income. The property's size and current use as a guest house create a unique balance of immediate cash flow and long-term investment potential in Somerset West, making it a strategic choice for savvy investors.
- Pool
- Study
- Flatlet
- Patio
- Freehold
- Security Features
- Sea View
- Pets Allowed
- Laundry
- Flooring: Parquet
- Fully Walled
Location rating
Nearby Transport
Nearby Education
Nearby Other
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Agents
Repayment Costs
Monthly Total
Mortgage
Purchase price
Deposit 10%
RPayment term
20 yearsInterest rate
11.5%Your payment
R / mo.
