Positioned in the heart of Hillcrest, within walking distance of Oxford Village and leading medical facilities, this exceptional income-generating property presents a rare investment opportunity with significant future development potential.
Currently operating as a successful and established Bed & Breakfast, the property features 8 guest accommodation units, including 3 spacious self-catering suites and 5 en-suite guest rooms, complemented by a private owner''s residence with offices and a double garage.
With development plans already drafted and council engagement underway, the property offers exciting potential for conversion into a boutique retirement village, assisted living, step-down care facility, or healthcare-related establishment, subject to approval. The site may also offer subdivision opportunities.
Property Features:
8 income-generating accommodation units
Owner''s residence with offices and double garage
Swimming pool and tennis court
Entertainment gazebo with built-in gas braai
Fibre connectivity throughout
Ample secure parking
Prime Upper Highway location close to shops, medical centres and major transport routes
A versatile investment with proven returns, excellent location, and outstanding redevelopment potential.
Contact us today for pricing information, zoning plans, and a private viewing.