Property description

This substantial commercial property in Marshalltown, Johannesburg, presents a unique opportunity for investors or owner-operators. With an impressive 19 bedrooms and 14 bathrooms, this versatile building is ideally suited for various commercial ventures, including guesthouse operations, student accommodation, or a multi-unit residential conversion, subject to necessary approvals. The property spans a generous 2000 sqm erf, offering significant potential for development or expansion. The interior boasts a functional layout designed to accommodate multiple occupants or guests. A dedicated dining area, illuminated by natural light, provides a welcoming space for meals. The property features a commercial-grade kitchen, equipped with stainless steel counters, a gas cooktop, and ample refrigeration, ensuring efficient food preparation for large-scale operations. Entertainment is well catered for with multiple recreational zones, including a bar area, a pool table, and a fireplace, creating inviting communal spaces. An integrated office area provides administrative convenience. The numerous bedrooms offer diverse configurations, many featuring warm wooden flooring and natural light, providing comfortable private spaces. While some areas exhibit a dated aesthetic and signs of wear, they present a blank canvas for modernisation and customisation to suit specific business needs. The property includes 12 dedicated parking bays, a crucial amenity for any commercial establishment in a suburban setting. This property represents a significant investment opportunity, offering substantial income-generating potential in a well-established area. Its extensive room count and communal facilities provide a solid foundation for a thriving business. The vibrant Johannesburg location offers accessibility and a dynamic urban environment. Key Features: * 19 Bedrooms * 14 Bathrooms * 1 Commercial-grade Kitchen * 12 Parking Bays * 2000 sqm Erf Size * Dedicated Dining Area * Multiple Entertainment Zones (Bar, Pool Table, Fireplace) * Integrated Office Space * Suburban Location