500m² Hotel For Sale in De Waterkant

R16,700,000

Web Ref No CL3179

Guest House | De Waterkant | Fully tenanted

Take advantage of a guest house primed for Airbnb rentals in De Waterkant. De Waterkant is the gateway to the Waterfront and the Atlantic Seaboard. Cobbled streets, stone-built walls, and colourful house lend an antiquated charm to this suburb, making it a favourite among locals and tourists alike. De Waterkant boasts a selection of charming restaurants and cafes, along with convenient access to the Cape Quarter shopping center. This guest house is Currently tenanted with long term tenants whose tenancy could be converted to short term rentals with 1 months' notice to increase your yield.

This guest house is divided over two erven which have been joined via a 1st floor balcony, so there is seamless access to amenities in occupants of the alternate buildings. Both properties have communal kitchens, lounge, and toilets which are nicely finished. These spaces open up to a sizable deck that provides impressive views of Table Mountain, and Signal Hill. It's an ideal spot for relaxation and enjoying Cape Town's beauty. This property's prime location, ample amenities, and stunning views make it an excellent choice for an investor.