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Spectacular Guesthouse Opportunity in Olifantsnek – A Hidden Gem with Endless Potential!

Welcome to an unparalleled investment and lifestyle opportunity! Nestled in the scenic beauty of the North West Province, overlooking the serene Olifantsnek Dam and the majestic Magaliesberg, this newly upgraded guesthouse is ready for you to step in and make it your own.

A Location Like No Other
The guesthouse boasts an unbeatable view of the dam and surrounding mountains, providing the ideal setting for relaxation and inspiration. Guests can enjoy access to the dam area with prior arrangement

Top-Notch Infrastructure
Uninterrupted Power: Equipped with direct 3-phase Eskom power and a 120 KVA diesel generator with automatic switch-over during load-shedding.
Abundant Water Supply: Two boreholes with a 55,000-liter tank capacity ensure a lush garden and uninterrupted water access.
Convenient Waste Management: Weekly refuse removal and an optional skip bin service for added ease.

Impressive Accommodation
20 uniquely styled rooms, ranging from king-size to double rooms, including wheelchair-friendly options and a romantic honeymoon suite. Private verandas for each room. Opportunity to furnish and add personalized touches such as coffee stations and mini-fridges to suit your vision.

Amenities & Features
Welcoming Reception: A guardhouse at the street entrance, lead to a charming Reception area, with a lobby and lounge area—customize it to create a warm first impression.
Ample Parking: 10 secure reception-area spaces and an additional 36 parking spots, including six covered spaces.
Conference & Events Center: Accommodates up to 80 guests, complete with air conditioning, a kitchen, and accessible facilities. Ideal for board meetings, workshops, or even as a games room.

A Restaurant with a View
This guesthouse’s restaurant is the crown jewel, offering indoor and outdoor dining spaces with panoramic views of the dam and mountains.
Features include:
A cozy bar and lounge with a fireplace for those winter evenings.
A fully equipped kitchen, serving areas, cold room, preparation station, and pantry.
Restrooms designed for accessibility.

Living Quarters & Support Facilities
Manager’s Residence: A private one-bedroom home with a kitchen, lounge, dining room, and lock-up garage for peace of mind.
Staff Accommodation: Three rooms with shared and private bathroom facilities ensure comfort for your team.
Laundry & Storage: Dedicated spaces for washing, linens, and garden tools make day-to-day operations seamless.

Development Potential
With three erven for further development, you can explore opportunities to add a swimming pool, tennis court, gym, or even more guest rooms. Additional income streams, such as guided tours to nearby attractions like Pilanesberg and Sun City, are waiting to be unlocked.

A Rare Opportunity Awaits
This exceptional guesthouse is a once-in-a-lifetime find. Whether you’re looking for a thriving business or a peaceful retreat with income potential, this property delivers.

Contact us today to schedule a viewing and turn your vision into reality!

Features

6
40
Building Name:
Elephants Rest Guesthouse
Zoning:
Commercial
Interior
Air Conditioning
Yes
Power 3 Phase
Yes
Exterior
Security
No
Sizes
Land Size
7,522m²
Parking Bays
Covered Parking Bays
6
Open Parking Bays
40

Olifantsnek, Rustenburg

Rustenburg means 'place of rest' and was originally a tobacco and citrus producing community. Location Located at the foot of the Magaliesberg Mountain Range, residents who hike up to the low ridge are treated to spectacular beauty.  About 135 kms from Pretoria and Johannesburg via the N4, you will find "Platinum City" so named because 2 of the worlds largest platinum mines are nearby. Climate The...
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

268,039.39

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