FindHomes
Western Cape
FindHomes
Western Cape
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R 3 295 000

Gatesville, Cape Town

5 36
596 m² land5 529 R/m²

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What's Special

Income-generating investment
Multi-unit complex
Six parking spaces
Comprehensive security

Description

Positioned on a generous 596sm stand in the heart of Gatesville, Athlone, this versatile multi-residential property offers an incredible opportunity for discerning investors, extended families or hospitality operators. Currently operating a successful bed and breakfast, the property offers immediate income potential or seamless conversion into high-yielding long term rental portfolio. The property features three self-contained residences designed for comfort and privacy. ~ Two Substantial Units : Each unit offers 2 well-proportioned bedrooms, a fully fitted kitchen, a full bathroom and a spacious open- plan living and dining space. ~ Third Independent Unit : Features 1 bedroom, 1 bathroom, and a fully equipped kitchen, perfect for a couple, solo tenant, or live-in manager. Outdoors, the expansive paved grounds accommodate hassle-free parking for up to 6 vehicles, framed by low-maintenance garden and a dedicated communal break area --- ideal for guest entertainment or tenant leisure. Frame-worthy scenic views add a serene back-drop to this urban retreat. Security is paramount, ensuring complete peace of mind with a comprehensive protection network including CCTV surveillance, motorized access gates, perimeter fencing, and full burglar bars throughout. Located within walking distance of Gatesville's vibrant commercial hub, major transport routes, medical facilities, and places of worship, this property combines prime location with exceptional flexibility. Whether you wish to continue the established lodging business or maximize multi-let rental returns, this turn-key premises is a rare find. Pets are welcome. Key Features 3 Self-contained Units Dual living Six parking spaces available Communal braai area Comprehensive 24-hour security Contact us today to arrange a private viewing.

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Features

Modern Kitchen with Built-in Appliances
Spacious Master Suite
Covered Patio
Double Garage
Walk-in Closet
Home Office Space

Rooms

3 Bedrooms
2 Bathrooms
Kitchen
Lounge
Study

Price History

1 July '25

Reduced by R195,000

R1,000,000

-16.3%

4 June '25

Listed on FindHomes

R1,195,000

Location

Location map preview

Listed by

RE/MAX
330 listings on FindHomes
NI
Neil Isaacs
2 listings on FindHomes

Free account. You’ll also see the original listing.

Listed by
NI
Neil Isaacs
2 listings

Free account. Chat to Neil on WhatsApp and see the original listing.

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Kloof Street
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How it compares in Gatesville

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