R5,560,000
Monthly Bond Repayment R57,389.67
Calculated over 20 years at 11.0% with no deposit.
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Captivating Hostel Haven in Rayton: A Unique Opportunity Awaits!
***SOLE MANDATE***
Uncover the charm of this exceptional property in Rayton, transformed with purpose into a vibrant hostel for children. Boasting a blend of functionality and character, this property offers a plethora of revenue streams, including 5 bachelor units and one- and two-bedroom accommodations.
Step inside the main house to discover a versatile one-bedroom flat, perfect for a live-in student teacher, alongside an enclosed stoep area converted into a study space. Adjacent is the "principals" office, featuring a built-in braai for cozy gatherings. The lounge area exudes warmth, ideal for downtime which you could use scattered bean bags to create a homely ambiance.
The ground floor features two rooms with bathroom facilities, thoughtfully designed to accommodate multiple users. In the south wing, a fully functional kitchen overlooks the indoor pool area, complete with a laundry room and pantry for added convenience.
Ascend to the upper level to find the main bedroom with an en-suite bathroom, leading out to a sprawling balcony offering breathtaking views of Bloemfontein. Two additional bedrooms and bathroom facilities complete this floor, ensuring ample space and comfort for residents.
With a history of accommodating 28 children, this property presents a lucrative opportunity from day one. Coupled with income from rental properties, it's an ideal investment for those in homeschooling or after-school daycare, with the added allure of hostel accommodation.
Don't miss the chance to explore this one-of-a-kind property in Rayton. Contact us today to arrange a viewing and unlock the potential of this captivating space.
Extras
North; Steel; Air Conditioner; Modern; Linen Room; Water Tanks; Flatlet; Carpets; Staff Quarters Domestic Rooms; Indoor Beams; Outdoor Beams; Burglar Bars
