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R 19 900 000
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16 Bedroom House in Glenashley

16 16 1 012 m² 1 007 m²

13 Bedroom Hospitality Property in Glenashley

Established Income-Generating Guest House | Going Concern | Asset Sale Including All Operational Equipment

Pine Cottages presents a rare opportunity to acquire a fully operational hospitality asset in one of Durban Norths most strategically positioned suburbs. Situated on a prominent 1,012m² site directly opposite a busy retail node, this established guest house offers immediate income generation with significant long-term growth potential.

The property comprises 13 fully fitted guest accommodation units together with a separate 3-bedroom apartment, creating multiple revenue streams and operational flexibility. The asset is being sold as a going concern, inclusive of all movable assets, furniture, fittings, and equipment required to continue trading from transfer.

Designed to accommodate both corporate and leisure markets, the property is enhanced by a range of income-supporting facilities, including a 40-seater conference venue, dining area, swimming pool, entertainment area, childrens play area, and ample on-site parking.

Investment Highlights

Established and profitable hospitality business

Prime Glenashley location opposite Spar Shopping Centre

13 fully fitted guest accommodation units

Separate 3-bedroom apartment

40-seater conference and events facility

Multiple income streams from accommodation, conferences, and events

Excellent accessibility to major transport routes and business hubs

Ample on-site parking

Sold fully equipped as a turnkey operation

Existing operational infrastructure in place

Strong potential for further revenue optimisation and business expansion

Property Features

Site Extent: 1,012m²

13 guest accommodation units

3-bedroom managers or owners apartment

Swimming pool

Conference centre

Dining facilities

Braai and entertainment area

Childrens play area

Secure on-site parking

Strategically positioned within a well-established residential and commercial precinct, Pine Cottages benefits from excellent visibility, convenience, and accessibility. Its location, operational track record, and comprehensive facilities make it an attractive acquisition for investors seeking a stable income-producing asset with future upside potential.

Opportunities to acquire fully operational hospitality businesses in established Durban North locations are seldom available. Pine Cottages offers investors the advantage of immediate income generation, operational continuity, and long-term value growth in a sought-after market.

Property details

  • Listing number T5526004
  • Property type House
  • Listing date 19 Jun 2026
  • Land size 1 012 m²
  • Floor size 1 007 m²
  • Rates and taxes R 21 315

Property features

  • Bedrooms 16
  • Bathrooms 16
  • Lounges 1
  • Dining areas 1
  • Pet friendly
  • Pool
  • Kitchen

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