GUEST HOUSE: This Newlands home with nine bedrooms, nine bathrooms and a self-contained flatlet, is for sale through Anne Porter Knight Frank at R4,95 million. Application has been made to the City Council for the granting of necessary departures for the property to operate as a guest house.

Agents Ed Kok and Callie Porter say it is generally accepted that guest houses with five or fewer rooms will produce only marginal results. With bigger establishments, reasonable occupancy levels are able to absorb the fixed costs more efficiently through economies of scale, resulting in better overall returns.