Property
Description
Property Description
This substantial property is positioned on a large ±3,500m² stand in the established and well-located suburb of Ravenswood, Boksburg. The property has been purpose-built and configured to operate as an 18-room guest house, supported by comprehensive hospitality infrastructure including a conference facility, restaurant, bar, and leisure amenities. All core improvements are in place, allowing the property to be immediately reactivated or repositioned without the need for extensive structural redevelopment. Beyond its existing configuration, the property presents compelling redevelopment and value-add potential. Development approval has been granted for 12 residential units, with scope to expand to approximately 40 units subject to further approvals. The size of the erf, existing bulk infrastructure, and adaptable layout create multiple pathways for unlocking upside value, whether through residential development, short-term accommodation, institutional use, or alternative lifestyle and healthcare-oriented concepts. This is a highly flexible asset offering strategic optionality for investors seeking scale, redevelopment potential, and long-term growth within a well-established node.
Features
±3,500m² land extent
18 Guest rooms
Conference centre on site
Restaurant and bar facilities
Braai area and lapa
Splash pool
Landscaped gardens
Borehole with backup water supply
Approved for 12 residential units
Potential for ±40 units (subject to approvals)
Suitable for short-term accommodation use
Multiple alternative use rights
Area Description
Ravenswood is a well-established and strategically located residential suburb within the greater Boksburg node, benefiting from close proximity to key business districts, industrial hubs, and major transport routes servicing the East Rand. The area enjoys excellent connectivity to arterial roads and highways, supporting ease of access for residents, businesses, and service providers, while being positioned near established commercial and employment centres.The suburb is characterised by mature infrastructure, established neighbourhood amenities, and a consistent residential demand profile. Ongoing growth in surrounding business and industrial activity continues to place pressure on available housing stock, resulting in a clear need for additional residential units within the area. This dynamic supports sustained demand for both rental and owner-occupied accommodation, making Ravenswood an attractive location for investors and developers seeking long-term growth, resilient occupancy fundamentals, and scalable residential opportunities.
Area Amenities
Netcare Sunward Park Hospital – ±5 km
East Rand Mall: ±2.5 km
N12 Highway: ±2.5 km
OR Tambo International Airport: ±10 km
Ravenswood Primary School – ±1.2 km
Boksburg High School – ±3.5 km