R 1 850 000 | 5 Bedroom House for Sale in Horison

An opportunity of a lifetime, the astute investor will snap this up in a heartbeat. Strong potential for a restaurant and/or funeral catering business with the operational catering kitchen onsite. Existing rental accommodation.
On offer is:
1. Main House
2. Two income producing Flatlets listed on Airbnb
3. Commercial Catering Kitchen and training classroom used currently to run food-making courses
4. A large portion of the plot is undeveloped with strong potential to develop or sub-divide, located on the Konig Ave side of the corner property so an independent driveway is possible
With an unbeatable prime position on the corner of Konig and Raath Streets, with strong passing trade from a large high school and a police station opposite the house, together with excellent passing trade potential from the nearby busy Kilburn Street. All round high visibility for multiple excellent business opportunities. All set up for the intrepid entrepreneur ready to up their business game.
MAIN HOUSE made up of 3 bedrooms, 1.5 bathrooms; a large renovated, modern kitchen with separate scullery room; formal entrance hall and patio; oversized lounge and dining area opening up onto a sun-filled garden patio. Crisp, clean, well maintained home. Highly unusual solid wood parquet floors in pristine condition. If you need a larger family home, it is easy to incorporate Flatlet #1 below into the Main House and have a 5 bedroom 2.5 bathroom house for your family needs. +-340m2
FLATLET #1 made up of 2 bedrooms, 1 bathroom, an open plan living area with kitchen and TV lounge, operating as a successful Airbnb listing since 2019 (Airbnb is a website for short term rental bookings). Wood parquet floors. +-75m2
FLATLET #2 made up of a small studio space well equipped with kitchenette and bathroom, accurately described as a "tiny room" and listed as such on the Airbnb website. +- 15m2
COMMERCIAL CATERING KITCHEN with everything you need to run a successful catering business like the current owner has for the past +-18 years. Kitchen includes an industrial-grade extractor fan, multiple ovens, and a large walk-in fridge that can store catering supplies for catering events of up to 300 persons. The kitchen has it's own independent toilet facility. An added feature is a good-sized classroom specifically designed to run sushi-making courses, which the current chef-owner has done for many years with great success. The classroom has it's own separate entrance from the road, which makes it a perfect set up to run a tuck shop and/or take away business from the catering kitchen. +-45m2
DOUBLE GARAGE with interleading door into inner courtyard and the commercial kitchen. +- 38m2
UNDEVELOPED PORTION OF LAND at the back of the property with a boundary wall on Konig Street, which makes it possible to create a separate driveway access if this land is sub-divided to sell off, or developed further. Further development ideas would be to create an outside seating area for a garden restaurant, supported by the commercial kitchen setup, or building another one or two dwellings (municipal laws now permit up to 3 registered dwellings on one erf), or building a guesthouse building with multiple rooms and running the property as a bed and breakfast set up, also supported by the commercial kitchen setup. +-400m2
There is so much going for this property, it's potential can only be truly grasped with a viewing. In the meantime, see below the walk through video to get a clearer idea of the quality and quantity presented here for the discerning eye.