R7,450,000 | 7 Bedroom House For Sale in Bryanston

This award winning Guest House is an excellent investment. With a conservative occupancy of 75% and an asking price of R 7 450 000 it returns a net yield of 15.4%. Occupancy rates are more in line with 85% which gives an even better return, but to be conservative we have used 75%. There is the option to long let the suites for least effort but short term letting produces a higher return.
The Guest House has a beautiful website - please see shepherdscornerguesthouse
This French Provincial home has ambience galore. The private estate is owned by an artist who has created a unique ambiance by combining architecture, garden and decor.
Licensed as a Guest House, with the appropriate zoning, the income generated by the property covers bank finance for more than the purchase price. An option could be for you to live for free in the Main House, while the property pays for itself.
Six individual, self-contained suites are each equipped with full kitchens, bathrooms, lounge and bedroom. The furnishings are tastefully matched to the unique character of each unit.
The swimming pool is in eco balance, no chemicals are required. Even the water in the pool has been harvested from rainwater. Resident fish will accompany you on your swim. In the gardens different conversation areas, each with its own charm have been created providing a unique peaceful setting for guests. There is an entertainment area for large family gatherings, a smaller area hidden away for intimate dinners, and the pool deck to relax in the middle of nature. Guests have commented that they can't believe they ae in Johannesburg. The estate needs to be experienced for one to appreciate the thought and art that has contributed to its creation.
Located in the prestigious Shepherd Avenue, near the Bryanston Country Club, the value of this home is in keeping with the area.
Detailed floor plans and photographs of all the separate suites are available on request, as is proof of income. Whether you wish to invest in a ready-made guest house, or whether you desire an economical way to own such a property, this is an excellent opportunity.
Maybe you have an extended family, and 6 bedrooms, each with a private bathroom is what you need. Then this could also be for you.