10 Bedroom House in Lilyvale
1-HECTARE INCOME-GENERATING PROPERTY R30,000 MONTHLY RENTAL WITH BUSINESS & DEVELOPMENT POTENTIAL
This versatile 1-hectare property presents a rare and lucrative opportunity for investors, entrepreneurs, and visionaries alike. With existing flatlets currently generating over R30,000 per month excluding the main house and zoning approval for residential or business use, this property is perfectly positioned for a wide range of income-generating ventures from a guesthouse or event venue to student accommodation, a school, or a hostel.
Set in a peaceful yet accessible location, the property combines immediate income with long-term growth potential, making it a standout investment.
Accommodation Overview
Income-Producing Flatlets
The property offers a selection of fully furnished, well-maintained bachelor and apartment-style units, each with its own prepaid electricity meter ideal for hassle-free management and reliable rental income.
5 Fully Furnished Units, including:
1 1 Bedroom, 1 Bathroom Unit
1 2 Bedroom, 1 Bathroom Unit
1 2 Bedroom, 2 Bathroom Unit
Well suited to long-term rentals, short-term stays, or staffstudent accommodation.
Main House 5 Bedrooms | 5 Bathrooms
A spacious and adaptable main residence offering multiple living and accommodation options, ideal for owner-occupation, guesthouse use, or conversion into offices, classrooms, or communal facilities.
Upstairs:
Main bedroom with en-suite bathroom
2 bedrooms sharing a bathroom
Additional bathroom with 4 showers and 4 toilets
Downstairs:
1 bedroom with en-suite bathroom
2 showers and 2 toilets
1 bedroom with en-suite bathroom
2 showers and 2 toilets
Convenient guest toilet
This layout allows for high-volume accommodation, training facilities, staff housing, or event-use support infrastructure.
Exceptional Investment Potential
This property offers immediate and scalable returns with the flexibility to expand or adapt:
Existing rental income exceeding R30,000 per month
Zoning approval for business or residential use
Ideal for:
Guesthouse or lodge
Event or wedding venue
Student or staff accommodation
School, training centre, or hostel
Wellness retreat or community centre
The expansive land size also allows room for further development, additional units, or outdoor facilities.
Location & Lifestyle
Situated in a tranquil yet conveniently accessible area, the property offers a peaceful environment without sacrificing proximity to essential amenities the perfect balance for residential comfort and commercial success.
This is not just a property its a platform for income, growth, and opportunity. Whether you''re an investor seeking strong returns, a business owner looking for a versatile space, or a developer with vision, this 1-hectare multi-purpose property offers exceptional value and future potential.
Property details
- Listing number T4963682
- Property type House
- Listing date 14 Feb 2025
- Rates and taxes R 6 243
Property features
- Bedrooms 10
- Bathrooms 8
- Lounges 2
- Dining areas 2
- Garage parking 3
- Covered parking 6
- Flatlets
- Pet friendly
- Pool
- Staff quarters
- Garden
Photo gallery