745 m² Commercial space in Capricorn

This established guest house property in Capricorn, Polokwane, presents a versatile opportunity for an investor, hospitality operator, or buyer looking for a property with existing guest accommodation, additional residential space, and future development potential. The offering consists of two adjoining properties with separate title deeds, which the owner intends to sell together as one combined opportunity. The properties are being sold as immovable property and not as a going concern.

Together, the properties provide approximately 745 m2 under the roof, comprising approximately 540 m2 on the main guest house property and approximately 205 m2 on the second property. Both properties have approved building plans, while the main property is currently utilised as established guest accommodation. The properties are zoned Residential 1, with special consent to operate as a guest lodge.

The main guest house is a character-filled property featuring tall stained-glass windows, a spacious veranda, and established landscaped gardens. Mature trees, flowerbeds, and paved pathways create an attractive setting for guests, while the entertainment area provides an additional space for relaxing or hosting visitors.

The main property currently offers five completed guest bedrooms, each with its own private bathroom, together with two additional unfinished bedrooms. Once completed, these could potentially increase the guest accommodation to seven suites, subject to the relevant approvals and requirements. There is also an additional unfinished pajama lounge which may provide further potential accommodation or flexible-use space.

The common areas include a kitchen, dining area, lounge, entertainment area, and spacious veranda, supported by a staff toilet. A double garage provides secure parking or storage, while the borehole and water storage tanks provide additional water security.

The second adjoining property offers approximately 205 m2 under the roof and includes a main residence with two bedrooms, one bathroom, a kitchen, a lounge, a dining area, and a double garage. Additional accommodation is also present on the property, providing flexibility for extended family, staff accommodation, guest accommodation, or other uses, subject to verification of the existing layout and approved plans.

A large open area on the second property is currently utilised for secure guest parking and may provide further development potential, subject to municipal approvals, zoning requirements, and confirmation of development rights. Potential concepts could include additional guest accommodation, residential units, or other suitable uses.

The combined property benefits from a borehole, water storage tanks, solar power, an inverter, and a backup battery, offering useful infrastructure for a hospitality operation. Across the two properties, there are four garages, with additional guest parking available.

The guest house is conveniently situated in Capricorn, Polokwane, close to shopping centers and everyday amenities. It is currently operated as an established guest house and is reported to have an approximately 80 repeat-client base, providing an existing foundation for continued hospitality use.

The guest-house inventory is available as an optional extra, to be negotiated directly with the sellers.

With its combination of established accommodation, character features, additional residential space, backup infrastructure, approved building plans, and potential for further development, this property offers a substantial hospitality opportunity in Polokwane.