This adjacent double storey Edwardian home is situated in the sought after neighbourhood, Observatory. Primary accessibility for fast easy travels.
This property is currently run as a backpackers, but the business rights are not sellable but the two building assets are for sale. This enchanting student accommodation is an absolute no brainer when looking on ROI Investments.
This accommodation sleeps 44 students with 11 rooms currently (potential growth 16 rooms) with 6 fully equipped bathrooms. There are four dormitories two x eight beds, one x contemporary four beds and one x four beds with en suite, all accommodated with lock up lockers.
There are seven private double bedrooms, , two en suite and one family room (double bed and two singles) With that said, the furniture is all optional excluding the asking price. There are three communal bathrooms with six showers and four toilets. Once you enter the building, on your right there is the reception area where one can use for your management agents on duty. Further down the corridor, there is an open plan kitchen fully equipped, lounge, dinning area leading onto a lush green fingers private garden and communal area. It's spacious, low maintenance with an additional feature on several grey water tanks for rain harvesting for showers, toilets and washing laundry on the premises. The outside courtyard is perfect for entertaining guests with a braai area and for those who like to dine under the stars. There is an additional flatlet currently used as the laundry quarters. Solar Geyser
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