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R 11 500 000

Commercial Property for Sale in Loevenstein

Loevenstein, Bellville

Contact broker for street address

1 852 m²
- m²: 1 852 m²
- Hectares: 0.185 ha
- Acres: 0.458 acres

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Peter Bruil

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Neat as a pin, very comfortable Guesthouse – Cape Town – Loevenstein/Bellville – offering a yield in excess of 10%.

A total of 12 guestrooms – all en-suite - plus an owner’s apartment (en suite and with aircon) and housekeeper/manager’s room (en-suite) on two adjacent erven.

Total 1852 m2 of grounds – lovely gardens and a sparkling pool, offering guests every comfort in a relaxed ambience.

Trading since 1994 at close proximity to the corporate hubs of Tygervalley and Bellville. A short drive from Cape Town International Airport makes this location extremely central and at close proximity to all Cape Town has to offer. Tygervalley shopping centre, Canal Walk, Garnd West Casino and the Durbanville Wine route are at close proximity.

All year-round business, ideal for the corporate and leisure traveler. Consistent high occupancy with many returning clients. Tripadvisor 5-star rating (214 reviews) – excellent reputation – ranked nr 2 of 42 B@Bs/Inns in this part of Cape Town....

A total of 12 guestrooms – all en-suite - plus an owner’s apartment (en suite and with aircon) and housekeeper/manager’s room (en-suite) on two adjacent erven.

Total 1852 m2 of grounds – lovely gardens and a sparkling pool, offering guests every comfort in a relaxed ambience.

Bookingcom 2023 Traveller review awards 9.4/10

Already very profitable with further upside as current owner does not take one-nighters and is usually closed for the Easter period and two weeks during the Christmas and New Year period.

Rooms breakdown:

12 Guest Rooms (6 rooms below are termed semi-self-catering)

• 1 standard

• 1 standard plus

• 10 Superior (1 inclusive of a 2 bedroomed family suite) All Superiors have air cons

Kitchen x 1 air cons

Conference room x 1 aircons

Total 13 Aircons

TV's in all the rooms – offering either DSTV or Netflix, free WiFi, fridge, desk and tea/coffee making facilities.

Solar panels, inverters and batteries on both properties to be installed December 2023 as to not to interrupt the comfort of the guests.

Further features:

• Breakfast room

• Kitchen

• Scullery

• Conference/meeting rooms 10 pax

• Pool

• Office

• Storeroom

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Property Overview

Listing Number

113664193

Type of Property

Commercial Property

Listing Date

20 November 2023

Erf Size

1 852 m²

Zoning

General Business

Points of Interest

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