Guesthouse for Sale in Panorama

Description

Accepting Offers. THE PROPERTY CONSISTS OF: The reputable Ramasibi Guesthouse, a well-established 3-star destination, enjoys a proven track record of consistent revenue and strong market presence, making it an attractive proposition for discerning investors. The property offers an exceptional investment opportunity in the heart of Panorama: two distinguished properties set directly across from one another in a prime, high-demand location. Opportunities of this nature are seldom available, combining scale, versatility, and immediate income potential. Investment Potential: This dual-property configuration offers outstanding flexibility—continue operating a successful hospitality business while transforming the second property into medical suites, professional offices, or consulting rooms. A strategic setup designed to maximize rental yield and long-term value growth. Features: • Two erven measuring approximately 997 sqm and 994 sqm • 14 en-suite bedrooms in total (7 per property) • Established, income-generating guesthouse operation • Significant scope for expansion, redevelopment, or repositioning • Excellent visibility and accessibility in a sought-after node • Spacious lounge with built-in bar • Dining and restaurant area suited for events • Large, well-equipped kitchen with dual gas stoves • Separate scullery • Outdoor pizza oven for guest experiences and functions • Poolside boardroom/function venue • 4 office or consulting rooms • Dedicated laundry facility • Guest bathroom servicing the pool area • Separate staff accommodation • Approximately 25 parking bays • Garage facilities • Fibre connectivity • Approved building plans available DETAILS: • Erf no (Extent): 1925, Parow • Erf no (Extent): 1251, Parow • Zoning: Single Residential 1 DISCLAIMER: The information supplied in this advert does not constitute a warranty of any kind or nature by the Sellers of the property or by the Brokers. Buyers must conduct their own investigations prior to purchasing.