NEW
Web Ref RL186319
R8,870,000
53 Old Main Road, Hillcrest Central, Hillcrest
Monthly Bond Repayment R88,556.29
Calculated over 20 years at 10.5% with no deposit.
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Monthly Rates
R9,111
R9,111
Prime Hillcrest Investment Opportunity
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.
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.
Features
Pets Allowed
Yes
Interior
Bedrooms
9
Bathrooms
9
Kitchen
1
Reception Rooms
2
Study
1
Furnished
No
Exterior
Garages
2
Security
Yes
Parkings
14
Flatlet
1
Domestic Accomm.
1
Pool
Yes
Sizes
Land Size
4,877m²
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