Commercial space in Labram

Exceptional Guest House & Prime Imvestment Opportunity . Discover an outstanding investment opportunity with this well-established guest house, ideally situated in a highly sought-after area and within walking distance of the university. With excellent income-generating potential, this versatile property is perfectly suited to continue operating as a successful guest house or to be converted into lucrative student accommodation Can develop for up to 40 rooms

The property boasts 11 fully equipped guest bedrooms, each offering the convenience and privacy of an en-suite bathroom and kitchenette, ensuring comfortable accommodation for guests or students alike.

Designed with hospitality in mind, the guest house features a welcoming reception area, as well as a spacious lounge and living area that seamlessly flow onto a beautifully maintained garden. Outside, guests can enjoy a covered braai area and sparkling swimming pool, creating the perfect setting for relaxation and entertainment.

Adding further value is a separate main residence, comprising two bedrooms, two bathrooms, a well-appointed kitchen, office space, and a laundry area. This additional accommodation is ideal for owner occupation, on-site management, or generating extra rental income.

Additional features include:

11 En-suite guest rooms with kitchenettes

2-bedroom, 2-bathroom main house

Reception area

Spacious lounge and living areas

Covered braai and entertainment area

Swimming pool

Office and laundry facilities

Two storerooms

Secure covered parking for up to 27 vehicles

Fully walled property with electric fencing

Whether you are an investor seeking a profitable hospitality venture or looking to capitalize on the increasing demand for student accommodation, this exceptional property offers endless possibilities and remarkable potential. Don''t miss the opportunity to secure this unique investment in a prime location.