Overview

An exceptional investment opportunity awaits in Erasmusrand, Pretoria — a well-established and affluent suburb bordering Waterkloof Ridge.

This expansive property, set across three consolidated stands totaling ±6,454m2, offers 33 guest suites, conference facilities, spa zoning, and parking for over 100 vehicles.

With its prime location, flexible zoning, and multiple income streams, this property is ideal for conversion into a boutique hotel, wellness retreat, student accommodation, or upmarket retirement facility.

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Property Breakdown

Stand 1 – 369 Schoongezicht Street (±917m2 under roof | 1,927m2 stand)

17 luxurious en-suite bedrooms (3 with kitchenettes)
Spacious lounge doubling as conference room
Dining area opening to a covered patio with built-in braai
Fully equipped kitchen and laundry
Generator with switchover

Stand 2 – 365 Schoongezicht Street (±519m2 under roof | 1,983m2 stand)

16 en-suite guest bedrooms
Large conference hall (up to 100 people)
Smaller conference/meeting room (20 people)
Interior and exterior dining areas
Main kitchen with gas appliances, cold rooms, and scullery
Generator with switchover

Stand 3 – 361 Schoongezicht Street (±300m2 under roof | 2,544m2 stand, rezoned as spa)

Reception and conference room (up to 56 people)
Spacious living area (ideal for smaller functions or offices)
Kitchen with scullery and storeroom
Generator with switchover

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Facilities & Features

Total Bedrooms: 33 (all en-suite)
Zoning: Special Residential – Guest House & Conference Centre
Amenities: Spa, conference facilities, multiple kitchens, lapa, laundry, reception areas
Security: CCTV, electric fencing, armed response
Parking: 100+ vehicles
Extras: Furniture, appliances, and equipment included in the asking price
VAT Registered: Sold as a going concern – potential zero-rated VAT transaction (no transfer fees)

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Prime Location

Perfectly positioned for both business and leisure travelers, just minutes from:

Pretoria Country Club (5.5 km)
University of Pretoria (10.5 km)
Rietvlei Nature Reserve (11 km)
Menlyn Mall, Time Square Casino & Castle Gate Lifestyle Centre
Armscor, Mediclinic Kloof, Sol-Tech Campus, and major highways (N1 & R21)

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Investor Potential

This property offers multiple profitable pathways:

1. Continue as a Guesthouse or Boutique Hotel – established infrastructure, ready for rebranding and relaunch.

2. Wellness & Spa Retreat – ideal zoning and facilities for a health and relaxation destination.

3. Short-Term Rentals / AirBnB Portfolio – leverage Pretoria’s growing corporate and tourism markets.

4. Student Accommodation – high rental demand near major campuses.

5. Retirement or Assisted Living Facility – spacious layout, gardens, and quiet environment.

6. Event & Conference Venue – perfect for weddings, corporate events, and functions.

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Agent’s Note

A rare opportunity to unlock significant value — this property is primed for growth. With renewed marketing and active management, it could become a flagship guesthouse and event destination in Pretoria. Direct visibility from the N1 adds excellent exposure for future branding.

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Why This Property Stands Out

33 furnished en-suite rooms across 3 separate title deeds

Conference, spa, and hospitality infrastructure already in place

Strong location in an upmarket, tree-lined suburb

VAT-registered seller – possible zero-rated transfer

Ready-to-operate or redevelop into your own vision

Erasmusrand, Pretoria, Gauteng

R 16,500,000

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