1,991m² Building For Sale in Panorama
ICONIC DUAL-PROPERTY INVESTMENT – GUESTHOUSE & MEDICAL / COMMERCIAL POTENTIAL
Panorama | Two Landmark Properties Directly Opposite Each Other
Price: R16 million (CC sale – No VAT or Transfer Duty)
An exceptionally rare opportunity to acquire two prestigious properties positioned directly across the street from one another in one of Panorama’s most established and sought-after locations.
Home to the well-known Ramasibi Guesthouse, this iconic 3-star establishment has built a strong reputation and consistent income stream over many years. Properties of this calibre, size, and positioning seldom come to market — and when they do, they attract serious investor interest.
STRATEGIC OPPORTUNITY
Ideal to operate one property as a guesthouse and convert the second into a medical practice, offices, or consulting suites — unlocking diversified income and long-term capital growth.
PROPERTY OVERVIEW
Erf sizes: ±997 sqm and ±994 sqm
Seven en-suite bedrooms on each property
Established income-producing guesthouse business
Strong expansion and redevelopment potential
Excellent exposure, accessibility, and proximity to hospitals, airport, and city centre
ARCHITECTURAL CHARACTER & LIVING SPACES
A dramatic arrival begins with grand wooden entrance doors opening into a tranquil landscaped courtyard, creating an immediate sense of calm and prestige.
Inside, a double-volume entrance hall with a striking wooden staircase sets a refined tone. The property features generously proportioned open-plan living areas, flowing seamlessly to an entertainment terrace and sparkling swimming pool.
ENTERTAINMENT & HOSPITALITY FEATURES
Open-plan lounge with bar
Dining area and restaurant space suitable for events
Large open-plan kitchen with two gas stoves
Separate scullery
Outdoor pizza oven — ideal for guest dining and functions
Boardroom / function room adjacent to the pool
ADDITIONAL FACILITIES
4 office / consulting rooms
Large laundry
Indoor guest bathroom near pool
Staff accommodation in separate external units
±25 parking bays
Large garage
Wooden windows
Fibre-ready
Geysers
Building plans available
LOCATION ADVANTAGE
Panorama remains a high-demand and secure destination, popular with both business and leisure travellers due to its close proximity to Cape Town CBD, major hospitals, and the airport. Guests benefit from easy access to restaurants, tourist attractions, and regional travel routes.
VIEWING
By appointment only.
Panorama | Two Landmark Properties Directly Opposite Each Other
Price: R16 million (CC sale – No VAT or Transfer Duty)
An exceptionally rare opportunity to acquire two prestigious properties positioned directly across the street from one another in one of Panorama’s most established and sought-after locations.
Home to the well-known Ramasibi Guesthouse, this iconic 3-star establishment has built a strong reputation and consistent income stream over many years. Properties of this calibre, size, and positioning seldom come to market — and when they do, they attract serious investor interest.
STRATEGIC OPPORTUNITY
Ideal to operate one property as a guesthouse and convert the second into a medical practice, offices, or consulting suites — unlocking diversified income and long-term capital growth.
PROPERTY OVERVIEW
Erf sizes: ±997 sqm and ±994 sqm
Seven en-suite bedrooms on each property
Established income-producing guesthouse business
Strong expansion and redevelopment potential
Excellent exposure, accessibility, and proximity to hospitals, airport, and city centre
ARCHITECTURAL CHARACTER & LIVING SPACES
A dramatic arrival begins with grand wooden entrance doors opening into a tranquil landscaped courtyard, creating an immediate sense of calm and prestige.
Inside, a double-volume entrance hall with a striking wooden staircase sets a refined tone. The property features generously proportioned open-plan living areas, flowing seamlessly to an entertainment terrace and sparkling swimming pool.
ENTERTAINMENT & HOSPITALITY FEATURES
Open-plan lounge with bar
Dining area and restaurant space suitable for events
Large open-plan kitchen with two gas stoves
Separate scullery
Outdoor pizza oven — ideal for guest dining and functions
Boardroom / function room adjacent to the pool
ADDITIONAL FACILITIES
4 office / consulting rooms
Large laundry
Indoor guest bathroom near pool
Staff accommodation in separate external units
±25 parking bays
Large garage
Wooden windows
Fibre-ready
Geysers
Building plans available
LOCATION ADVANTAGE
Panorama remains a high-demand and secure destination, popular with both business and leisure travellers due to its close proximity to Cape Town CBD, major hospitals, and the airport. Guests benefit from easy access to restaurants, tourist attractions, and regional travel routes.
VIEWING
By appointment only.
Monthly Rates
R11,526
Features
Zoning
Interior
Sizes
Parking Bays
Additional Amenities
Listing Info
Print
Arminel Engelbrecht
Agent
Panorama, Parow
- Street map
- Street view
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Chas Everitt website is accurate and up to date, Chas Everitt makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
