Backpacker Accommodation In Paarl For Sale

Description

This backpacker accommodation is located in Paarl, in close proximity to a nearby university and situated within a well-connected residential and commercial area. The property currently accommodates up to 12 people across six rooms with shared bathroom facilities.The business has an established track record of hosting long-term tenants, particularly companies requiring accommodation for staff involved in projects in and around Paarl. This provides a consistent and reliable income stream beyond short-term stays.The property also presents strong potential for future development, particularly in upgrading the accommodation offering to serve the nearby university student market, given its convenient location and ongoing demand for student housing.The price excludes stock and VAT.