Pine Cottages – A Profitable Hospitality Investment in the Heart of Glen Ashley
Pine Cottages, a well-established and highly profitable guest house, is strategically positioned at 5 Harold Place, Glen Ashley, directly opposite the Spar shopping node, ensuring exceptional visibility, convenience, and accessibility. This prime suburban location combines tranquility with commercial practicality, making the property equally attractive to investors, business travelers, tourists, and long-stay guests.
Property Features & Improvements
The property comprises a 13-bedroom guest house, thoughtfully designed to accommodate a wide range of guests while offering comfort, privacy, and functionality. Complementing the guest accommodation is a fully self-contained 3-bedroom apartment, ideal for owner’s residence, on-site management, or extended-stay letting.
Pine Cottages further boasts a range of value-enhancing lifestyle and business amenities, including:
• A sparkling swimming pool, perfect for leisure and relaxation
• A well-appointed braai and entertainment area, ideal for social gatherings
• A dedicated kids’ play area, catering to family-oriented guests
• A 40-seater conference facility, enabling corporate meetings, workshops, and small events
• A spacious dining area, enhancing the guest experience and supporting catering operations
The property is offered lock, stock, and barrel, inclusive of all movable assets, furniture, fittings, and equipment—allowing a purchaser to continue operations seamlessly from day one.
Business & Income Profile
Pine Cottages is sold as a going concern, benefiting from a current lease agreement in place, ensuring immediate income and stability. The guest house has established itself as a consistently profitable business, underpinned by strong demand, repeat clientele, and its strategic positioning within a well-supported residential and commercial node. This makes the offering particularly attractive to investors seeking secure returns with minimal operational disruption.
Locality & Surrounding Area
Glen Ashley is a sought-after suburb known for its central positioning and ease of access to major arterial routes, business hubs, schools, and amenities. Being located directly opposite Spar enhances convenience for guests and staff alike, while surrounding retail, fuel stations, and essential services further support the hospitality use. The area enjoys steady foot traffic, excellent neighborhood infrastructure, and strong residential appeal.
Accessibility & Parking
The property benefits from excellent accessibility, with straightforward access to main roads and transport routes. Ample on-site parking ensures ease of movement for guests, conference attendees, and service providers—an essential feature for a successful guest house and conference venue.
Potential Uses & Future Upside
While currently operated as a successful guest house, Pine Cottages offers flexibility for alternative or expanded uses, subject to relevant approvals.
Potential uses include:
• Continued guest house or boutique lodge operation
• Corporate accommodation and training facility
• Conference and events venue
• Hybrid hospitality and residential investment
Conclusion
Pine Cottages represents a rare opportunity to acquire a fully operational, income-generating hospitality asset in a prime Glen Ashley location. With strong existing cash flow, comprehensive amenities, excellent accessibility, and a sale structured to include all assets, this property offers immediate returns and long-term upside—making it an outstanding investment for discerning buyers seeking security, profitability, and growth.
