"Uncover Your Next Venture: Magnificent Athlone Property Offering BNB and Self-Catering Units

R 6,995,000

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20 days ago28 views
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General Details
For Sale By:Agency
Dwelling Type:Other
Bedrooms (#):6+
Bathrooms (#):4+
Parking:Garage
Description
Step into an extraordinary opportunity with this exceptional property nestled in the prestigious Athlone locale of Pietermaritzburg. Elevate your lifestyle while seizing the reins of a lucrative business venture.
This property boasts a trifecta of opportunities, meticulously crafted over 26 years of upgrades, renovations, and enhancements. Now, the time has come to pass the baton to a new owner ready to capitalize on this thriving enterprise.
1. Extended Stays: Discover five opulent self-catering units, each with its own private driveway access, ample parking, and dedicated laundry facilities.
2. Greenlands BnB: Encompassing five impeccably designed and furnished rooms, this BnB offers a home away from home experience, complete with generous parking amenities.
3. Expansive Vacant Plot: Adjacent to the main property lies a beautifully maintained parcel of land primed for development, where a second cottage or home could be erected to enhance the property's offerings.
Sold fully furnished, save for a few personal items, this property exudes a sense of warmth and comfort, making it a sought-after destination in Pietermaritzburg and its environs.
Key Features:
• The main residence comprises three bedrooms and a bathroom, ensuring comfortable living for the owner or manager. An interleading door offers the flexibility to convert it into a four-bedroom, two-bathroom home with a lounge, ideal for accommodating visiting family.
• Each of the ten units, whether part of the Extended Stays or Greenlands BnB, features meticulously designed kitchenettes with granite countertops and modern bathrooms, some of which are wheelchair accessible. Air conditioners ensure guest comfort during balmy summer days and nights.
• The reception and breakfast area boasts panoramic views of the swimming pool and lush lawns, providing a serene backdrop for morning gatherings.
• A grand fitted kitchen, replete with stunning granite countertops, serves as the heart of the property, offering both elegance and practicality for culinary endeavors.
• Three downstairs units lead to a charming courtyard room, perfect for additional catering, while a sliding door opens to a mini-conference room with a built-in fireplace and bar area.
Additional Amenities:
• Intelli-switches in the Extended Stays units automatically control the air conditioning, with each unit having its own distribution board for added convenience.
• Unit E1 features a private fenced garden area, catering to pet-friendly accommodations.
If you possess a discerning eye for business opportunities and a passion for the hospitality industry, seize the chance to elevate your lifestyle today. Schedule a viewing of this remarkable property and business opportunity without delay."

Has Pool
Property Reference #: RL1199

Agent Details:
Vaughn Redman
Halo Property Management PMB
90 Roberts Road
Clarendon
Pietermaritzburg
3201

Id Subtitle 1278340388
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Estimated monthly repaymentR 75,806
Total property loan amountR 6,995,000
Total interestR 11,198,275
Total repaymentR 18,193,275
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Halo Property Management PMB
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