R 45 000 000 | guesthouse property for sale in melkbosstrand central

Property Description

A rare opportunity to acquire a fully licensed and operational 4-star guest-house business in the highly sought-after coastal town of Melkbosstrand, Cape Town. The property consists of three interconnected stands with three luxury houses, currently operating together as a successful tourism business. This sale is on a sole mandate and can be purchased either individually or as a combined portfolio. Property Breakdown & Pricing Property 1 – 89 Mostert Street 8 Bedrooms, 8 Bathrooms Guest Powder Room Lounge, Office, Kitchen, Dining with Balcony Double Garage and 8 Parking Bays Monthly Rates: R2,600 Asking Price: R14,500,000 Property 2 – 87 Mostert Street 8 Bedrooms, 8 Bathrooms Lounge, Dining, Kitchen Swimming Pool 8 Parking Bays Monthly Rates: R2,600 Asking Price: R15,000,000 Property 3 – 18 on 19th Avenue 6 Bedrooms, 6 Bathrooms Laundry, Open-Plan Kitchen & Dining 2 Lounges Swimming Pool Single Garage and 8 Parking Bays Monthly Rates: R3,600 Asking Price: R15,500,000 Combined Portfolio Total Monthly Rates: R7,200 Total Purchase Price: R45,000,000 Approximate EUR equivalent: €2,200,000 (subject to exchange rates) Revenue & Occupancy Off-Season Average: R500,000 per month = R6,000,000 per year Peak Season Average: R800,000 per month = R9,600,000 per year Occupancy Rates: 87% off-season, 100% peak season (with referral bookings to additional properties). Location Situated directly across the road from the beach in Melkbosstrand, this property offers guests spectacular sunsets, long white sandy beaches, and a tranquil seaside atmosphere. Melkbosstrand is known as Cape Town’s “Gateway to the West Coast.” It combines small-town charm with convenient access to Cape Town’s CBD. The area is popular for surfing, kite-surfing, kayaking, beach walks, golfing at Atlantic Beach Golf Course, and nature activities in nearby reserves. It has a thriving dining scene, excellent local amenities, and is considered one of Cape Town’s most desirable coastal destinations for both domestic and international travelers. Investment Appeal Fully operational tourism business with 4-star grading and license Proven income stream with strong year-round occupancy Prime beachfront location Sold as a business with significant expansion potential Attracts both local and international guests Option to purchase individually or as a portfolio Summary The Melkbos Guest House cluster is a turnkey investment in one of Cape Town’s most desirable coastal villages. With its high occupancy, strong earnings, and prime location, this opportunity is ideal for hotel operators, hospitality groups, or international investors seeking a profitable and established tourism business.


Property Details

Purchase Price R 45 000 000

Building Size1200 m2

Price Per SQMR 37500 m2

Type of PropertyGuesthouse

ZoningMixed Use

Land Size1600 m2

Last Updated12 Sep 2025

Rooms

Bathrooms29

External Features

Open Parking Bays24

General Features

SecurityYes

Air ConditioningYes

Property Location

Similar Property in nearby suburbs

Agent

Paul Labuschagne

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