Large Guesthouse with plenty opportunity to expand.

R 3,200,000

Can I afford this?
2 months ago109 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):1870
Parking:Covered
Description
1926 Victorian House with business rights and registered as a guesthouse and restaurant..
This large property consists of 8 bedrooms and 8 bathrooms and is currently used as a guesthouse.
The large house has 5 bedrooms with 2 bathrooms and a nice large self-service kitchen. Outside is a large undercover area that can be used as a dining room / restaurant or recreation area. On the property there is a separate building with 4 guest rooms with bathrooms, 1 separate bathroom if you want to let campers camp on the large open area. One room (log home) is rented out on a permanent base. In total the guesthouse can accommodate twenty-three guests at a time.
The Victorian house has lovely wooden floors and a large stoep on two sides of the house. One of the rooms has an outside door that make it suitable for an office or reception area for the guesthouse.
The garden is easy to maintain, and the large trees makes it a natural haven for visitors to relax under and enjoy the tranquility of nature.
The current owners generate a large income from the guesthouse as they have standing contracts with a few companies to accommodate their workers.
The guesthouse is located close to the N7 - Cape Town to Namibia road, that makes it accessible for travelers to stop for overnight accommodation.
This gem has a lot of potential and easy to convert it into a backpacker's business with a small camping site.
Do not hesitate to come and view this business opportunity as the elderly owners wants to retire after running this guesthouse for over twenty years and with the same workers who assist them with the daily chores.
Do not delay give me a call to organize a view.

# Entrance Hall: 1
Has Garden
Security Features: Fence, Access Gate
Property Reference #: 4101976

Agent Details:
Marlene Lotter
Sandton
Chas Everitt
Corner of Main & Church Street
PO Box 23
Vredenburg, 7380


Id Subtitle 1265522446
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Estimated monthly repaymentR 34,679
Total property loan amountR 3,200,000
Total interestR 5,122,871
Total repaymentR 8,322,871
Interest rate at 11.75% for 20 years *
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Chas Everitt
Selling for 3+ years
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