Private Introduction · South Africa
Operating 20-bedroom guesthouse on 1,900 m² in central Rustenburg
A two-storey guesthouse in central Rustenburg with 20 bedrooms, 1,120 m² of floor area on a 1,900 m² plot, and flatlets. Rooms have built-in cupboards and air conditioning, and there are 20 covered and 10 open parking bays, a borehole and water tanks. The seller reports annual turnover of R2.6 million and flatlet income of about R18,000 a month. Asking price R12 million, freehold.
Why This Opportunity
Features include controlled access with an active security response, usable outdoor living space and a high interior specification.
Located in Rustenburg, North West, South Africa.
Transfer duty is nil below R1,210,000 and rises in bands above it, with no surcharge for foreign buyers. Budget 6%–12% of the purchase price for total transfer costs; a straightforward transfer registers in roughly 8–12 weeks.
The Area
Getting around
Lanseria International Airport
International airport [about 75 km]
O.R. Tambo International Airport
International airport [about 113 km]
N4 Platinum Highway
The N4 toll road links Rustenburg with Pretoria to the east and Zeerust and Botswana to the west [Rustenburg to Pretoria about 110 km]
Yarona bus rapid transit
Rustenburg's BRT runs routes through the CBD and suburbs, including services to Waterfall Mall in Cashan [Within Rustenburg]
Nearby
Rustenburg Mall
Shopping centre [about 2.3 km]
Wall Street Mall
Shopping centre [about 2.5 km]
Life Peglerae Hospital
Hospital [about 0.9 km]
Rustenburg Golf Club
Golf course [about 1.8 km]
Kgaswane Mountain Nature Reserve
Nature reserve [about 6.0 km]
Kgaswane Mountain Reserve
A Magaliesberg reserve with hiking trails, a waterfall and natural pools; its entrance gate is on Helen Joseph Drive in Cashan [Entrance in Cashan]
Waterfall Mall
Around 124 stores anchored by Woolworths, Pick n Pay, Game, Dis-Chem and Ster-Kinekor [Augrabies Avenue, Cashan]
Schools
Laerskool Vastrap
Public primary school [about 500 m]
Hoërskool Rustenburg
Public high school [about 700 m]
Selly Park Primary
Independent primary school [about 2.0 km]
Grenville High School
Public high school [about 2.2 km]
Laerskool Rustenburg
Public primary school [about 3.1 km]
Orbit TVET College (Rustenburg Campus)
College [In Rustenburg]
Questions
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