Maison individuelle | Vente
This versatile and spacious property offers exceptional investment potential in a prime Nelspruit location.
Originally established as a guesthouse, the property comprises 18 bedrooms and 13 bathrooms, with a welcoming verandah overlooking a sparkling swimming pool.
It is currently operated as student accommodation, housing 40 students and generating a rental income of approximately R50,000 per month.
The substantial 1,630sqm property consists of two separate erven — one measuring 870sqm and the other 760sqm. There are two houses on the property: one estimated at approximately 260sqm, and a larger double-storey home of approximately 380sqm.
The property is well-equipped for efficient large-scale living or hospitality operations, featuring a full industrial kitchen and a cold room. This setup makes it ideal for continued student accommodation or for conversion back into a guesthouse.
Conveniently located within walking distance of Sonpark Shopping Centre, the Mbombela Civic Centre, and the Nelspruit CBD, the property enjoys strong rental demand and excellent long-term investment value.