Web Ref No 6930822

An exceptional investment opportunity awaits with this well-maintained Bed & Breakfast located at 10 5th Avenue, Highlands North. Currently operating as a successful B&B, this property offers secured monthly rental income, making it an ideal purchase for investors looking for a steady return.

Property Overview:
• Main House: Five bedrooms, two with en-suite bathrooms, and three sharing a family bathroom.
• Studio Apartment: Includes a kitchenette and private bathroom with a shower.
• One-Bedroom Cottage: Features a full bathroom, living area, and bedroom.
• Ample Parking: Two gates provide secure parking for up to 10 vehicles.
• Neat & Tidy: The property is well-maintained with clean, updated interiors and renovated bathrooms.

Investment Potential:
• Established Business Model: The B&B is successfully operating with a reliable tenant.
• Optional Tenant Continuity: The current tenant may be open to continuing rental occupancy, ensuring a seamless income stream.
• Energy Efficiency: The property has a solar system (currently rented), buyer to take over the rental agreement.

Key Features:
• Security: Fitted with burglar bars, security gates, and a fully paved parking area.
• Comfort & Convenience: Television connections in every room, parquet and tiled flooring, and timber kitchen units.
• Heating Solutions: Gas water heaters in all bathrooms and a central gas heater for the main house. City Gas supply.
• Functional Spaces: A reception area with a desk and lounge to welcome guests.
• Outdoor Areas: A well-kept garden in both the front and back, offering ample space for children or small functions.

Your Next Smart Investment
This property presents a unique opportunity to own a revenue-generating asset in a sought-after suburban location. Whether you're looking to continue the B&B operation or secure a high-demand rental property, this is an investment worth considering!
Please Note, furniture and loose items, used in the operation of the B&B are not included in the sale. They belong to the vendor who is renting the fixed property.

Prime Location Near Norwood Mall
This property is within walking distance of Norwood Mall, offering a convenient shopping experience with two major supermarkets, two large chemists, a luxury food store, and an array of designer boutiques. Its central location ensures easy access to public transport and several other shopping hubs. The B&B’s clientele, including guests from out of town and across borders, appreciate the proximity to these retail amenities, making it an excellent choice for both leisure and business travellers.
Contact us today to schedule a viewing and explore the potential of this outstanding investment property.