Fauresmith, Free State

Property Overview

An exceptional opportunity for visionary investors and developers to acquire a substantial commercial freehold located in a prime position on Main Street, directly opposite the iconic Steam Engine. Formerly a bustling hotel and currently operating as a guesthouse and community theater, this expansive property offers a versatile footprint perfectly suited for conversion into a boutique hotel, a luxury retirement village, or a mixed-use commercial hub.

While the property requires modernization and refurbishment, the existing layout and infrastructure provide a solid foundation for a high-yield project.

The Accommodation: Flexible & Extensive
Residential Units: The core of the property consists of 12 self-contained suites .Each unit is generously proportioned, featuring a bedroom, private bathroom, sitting area, and a small kitchenette. This layout is tailor-made for an assisted living facility or extended-stay hotel accommodation.

Communal Living Spaces: Guests are welcomed into a large reception area with an adjoining sitting room. Further into the property lies a vast communal relaxation hall currently utilized as a TV lounge and coffee station ideal for a residents' day room or hotel lobby lounge.

Catering & Dining :At the heart of the operations is a massive commercial kitchen, fully equipped with a walk-in fridge, stove, and extensive prep areas. This services the grand dining hall/function room. Currently utilized as a community theater, this impressive space can comfortably seat 60 people, making it perfect for events, communal dining, or reinstatement as a conference center.

Commercial & Service Wings

Retail Potential: The former "Ladies Bar" has been converted into a functioning small grocery shop, offering immediate rental income potential or space for a hotel gift shop/café.
expansive Storage/Development Space: The area previously housing the hotel’s "Main Bar" is currently utilized for storage but offers significant square footage for redevelopment into a restaurant, gym, or additional accommodation.

Logistics: Practicality is key, with two dedicated large linen rooms (shelved) ensuring smooth housekeeping operations.

External Features & Staff Accommodation

The Courtyard: A large, paved central courtyard features mature trees, offering a private "oasis" feel away from the main street—perfect for a tea garden or residents' recreation area.

Staff Quarters: Separated from the main building for privacy, the staff accommodation comprises three rooms and two toilets.

Workshops: A substantial separate storage unit is located on the grounds, suitable for housing tools, landscaping equipment, or maintenance workshops.

Location & Potential
Situated in the heartbeat of the town, the property benefits from high visibility and foot traffic, directly facing the town's famous Steam Engine landmark.

This property is a blank canvas awaiting a new lease on life.

Concept 1 (Retirement Village):The combination of self-contained units, flat access, communal lounges, and commercial catering is the ideal blueprint for a retirement or assisted living complex.

Concept 2 (Boutique Hotel):With renovation, this could be returned to its former glory as the town’s premier hotel, utilizing the bar areas and theater for weddings and conferences.

Summary
A project of this scale and potential rarely comes to market. For the investor willing to undertake the necessary renovations, the possibilities are endless.

Viewing strictly by appointment.