6 Bedroom House For Sale in Hornlee

This corner property in Hornlee offers something quite different from a conventional residential home - a property that has been configured over time to combine residential accommodation, room rentals and a spaza shop serving the surrounding community. 

The shop has operated from this property for many years, making this an established local retail location. The existing business is not being sold as a going concern and no stock, turnover, goodwill or business operation is included in the asking price. A new owner can establish and operate their own business from the premises, subject to the necessary requirements. 

Should a purchaser wish to discuss taking over aspects of the existing operation, this may be open to separate negotiation with the current owner, but it is not guaranteed and does not form part of the property sale. 

The property itself offers an interesting and flexible layout. 

On one side is the main three-bedroom portion of the home, with an open-plan lounge, kitchen and bathroom, together with an undercover carport. A fourth room on the western side has an interleading door into the central shop area. The shop is a large open room currently used for retail and storage. 

On the eastern side are another two rooms with a toilet and shower. The configuration provides several options. An owner-operator could occupy the main home, run their own shop and rent out the additional rooms. Alternatively, the owner could occupy a smaller portion and make more of the rooms available for rental. It may also suit an investor or experienced retailer looking for another property from which to operate while generating additional rental income. 

Up to five rooms could potentially be rented to singles or couples, depending on how the new owner chooses to configure and use the property. 

The buildings are older and maintenance and upgrading are required. This is not a renovated or modern property, and buyers should approach it with that understanding. The opportunity lies in its corner position, existing retail space, multiple accommodation areas and the potential to improve the property progressively. 

At an asking price of R520,000, this could be particularly interesting to a hands-on entrepreneur or investor who understands the Hornlee market and sees value in combining a place to live, a place to trade and additional rental accommodation. 

Property for sale - not the existing business. Bring your own business idea and make the space work for you.