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13 Elphinstone Avenue, Flamingo Vlei, Blouberg, Western Cape
R 9 545 000
A rare, fully operational income generating property in fabulous Flamingo Vlei, offering an established hospitality business with flexibility for future use as a luxury family residence. Five self catering units,(each with their very own unique theme) two units with full kitchens, three units with well equipped kitchenettes, one open plan garden cottage, built in braai area - ideal for owner's residence, office or additional rental suite. A unique guesthouse with proven annual income, established systems and layout with strong demand for short/medium term accommodation. Spacious outdoor entertainment, guest areas designed for comfort, privacy and repeat guest appeal. Three garages, secure additional parking for eight inside property, on site laundry facility, two units with private laundry access, shared facility servicing three units, additional storage unit. There is a 2500l underground water tank with pump system, two x Saniflow pump systems, three geysers, full solar installation: for energy independence - forty two solar panels, a 2 x 20/16 battery system, optional generator switchover system for uninterrupted power. With minimal structural adjustment the property can be reimagined into a large luxury private residence - existing units can be converted into luxury bedrooms/suites - seamlessly! Strategic "hidden door" flow integration for private wings for family members/guests, separation between entertainment and private living spaces. The kitchenettes can be removed to create extended living spaces or designer en-suites. Garden cottage can become an executive office/studio or luxury accommodation with the promise of a high end coastal villa style home! This exceptional property will appeal to short term rental investors, guesthouse operators, portfolio investors seeking excellent yield in the Mother City and buyers seeking "turn key" hospitality business opportunity without set up complexity. Well appointed, within close proximity to Rietvlei Nature Reserve, SANCCOB, aquatic/tennis/padel/soccer/fitness clubs, shopping centres, public transport and the shimmering sands of kite surfing paradise - beautiful Blouberg!!
Estimated monthly repayment
R 90 136
on a R 8 590 500 bond over 20 years at 11.25%
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13 Elphinstone Avenue, Flamingo Vlei, Blouberg, Western Cape
Area view — the exact address is shared on enquiry.
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