Investor Opportunity: High Cash Flow 7–9 Bedroom Guesthouse Property
Harcourts Certified & Transparent Non-Distressed Auction Platform! Live Modern Auction Bidding to start from R1 400 000 upwards! Auction date: 4 September 2025, unless sold prior! Pre-auction standard offers are welcome. To stop the auction, you can submit a loan or cash offer at any time before the auction. The Seller has chosen to use Harcourts Auctions' Non-Distressed Auction Platform for Serious Sellers.
This recently renovated 7-bedroom, 4.5-bathroom property offers a proven income model with strong short- and long-term rental potential. Currently operating as a guesthouse, the property is cash flow positive, with additional space for further income expansion. Operated as a guesthouse with rooms rented at R400 per night Wendy house tenant currently pays R2,500/month (month-to-month lease) Potential to convert two additional outbuildings into rentable rooms, expanding to 9 total bedrooms Prepaid electricity meter (main house) + sub-meter (external), ideal for tenant control Single water bill from Council, simplifying utilities 7 fully usable bedrooms, 4.5 bathrooms Recently renovated, minimizing upfront capital expenditure 150L geyser installed 2 months ago Electric fencing provides security for guests and tenants Multi-tenant infrastructure is already in place Scalable income model Ideal for first-time investors, portfolio expansion, or passive income seekers
Contact us today to request financial projections or to arrange a viewing.
No Buyer's Premium (no Auctioneer's fee) - seller to pay the commission - Full Finance Options Available - Offers Accepted before Auction Day - All property reports, available on request - Seller to arrange compliance certificates and rates clearance certificates for the buyer - Regular open hours to view before the auction - The seller has a higher Non-Disclosed Expectation Price - Opening bid R1 400 000!
History
During a great storm in Table Bay in 1865, 19 ships were stranded. Amongst the many schooners was the Kehrwieder, the ship of Captain Johann Heinrich Ferdinand Parow. After being stranded, Captain Parow settled down in the Cape of Good Hope and married Johanna Wilhelmina Timmerman, the daughter of the family that helped Captain Parow after being stranded on the Cape coast.
Parow quickly realised the...
More Info
Make an Offer
Market value
AUCTION
Offers from
R1,400,000
Offers for this listing must be made in R100,000 increments. More Info
Sign-up and receive Property Email Alerts of Freeholds for sale in Parow Valley, Parow.
Disclaimer: While every effort will be made to ensure that the information contained within the Harcourts Dunn website is accurate and up to date, Harcourts Dunn makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
