House 2635-ref-587 for Sale in Town Hill, Pietermaritzburg

AgencyRef: 2635-ref-587 This is a rare, high-value property investment featuring two very large neighbouring properties sold together, currently operating as successful income-generating BnB establishments. Perfectly suited for investors and professionals seeking a high-yield asset with multiple commercial and residential possibilities, this offering stands out as a premium long-term investment with exceptional versatility. MULTIPLE HIGH-INCOME USE OPTIONS: Established BnB / Guesthouse / Boutique Hotel Medical Suites or Professional Offices (Law, Consulting, Wellness) Student or Scholar Boarding Accommodation Multi-generational or extended family living Future expansion or subdivision potential WHY THIS PROPERTY IS A SMART INVESTMENT: 14 Bedrooms | 10 Bathrooms across both properties Proven tremendous income-generating BnB operation Flexible layout allowing multiple income streams Ideal for maximising rental returns and long-term capital growth Significant opportunity to expand or further develop Commercial Zoning MAIN HOUSE â GRAND âNATAL STYLEâ VICTORIAN RESIDENCE A magnificent example of classic Natal Victorian architecture, rich in charm, elegance, and heritage features: 7 Bedrooms (6 with Ensuite Bathrooms) Multiple Lounges (including one for the private downstairs suite) Elegant Dining Room opening onto a large entertainment veranda Fitted Kitchen with double eye-level oven, gas stove, scullery & pantry FEATURES THAT IMPRESS: Redbrick exterior, broekie lace, and wrap-around veranda Italian tiles, wooden & tiled floors Fireplaces in lounge and several bedrooms Chandeliers, pressed ceilings, arches, cornices & mouldings Bay windows, large sash windows, skylight, high ceilings Dressing rooms and wide passages ENTERTAINMENT & OUTDOOR LIVING: Expansive balcony veranda with built-in braai Overlooking a lush garden, sparkling pool & lapa-lounge Lapa includes bar/eats counter + guest toilet ADDITIONAL VALUE: Extensive parking + 4 garages Large storerooms & laundry beneath the house Additional 3-bedroom unit (ideal for staff or extra rental income) Vast vacant land for expansion or subdivision potential SECOND PROPERTY â MODERN INCOME-GENERATING RESIDENCE 4 Bedrooms (3 with Ensuite Bathrooms) Open Plan Kitchen, Lounge & Dining Area Stack doors opening onto a wide balcony with sweeping garden views Partial views of the pool and tranquil surroundings Additional parking available PRIME LOCATION ADVANTAGE: Close to CBD Near Arbour Arch Shopping Centre Nearby Redlands Hotel & Office Park Easy access to N3 highway THE OPPORTUNITY: Properties of this calibre, offering scale, income, location, and development potential, are exceptionally rare. This is more than just real estate â it is a strategic investment platform capable of generating substantial and diverse income streams while continuing to appreciate in value. ACT NOW â SECURE YOUR FUTURE: This is an exceptional property in its category, perfectly positioned for investors who recognise value and long-term growth. Contact Shane Candy today to arrange a private viewing. From viewing to prequalification and final acquisition, you will be guided every step of the way. Opportunities like this are seldom available â donât miss out. Agency reference number: 2635-587