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Bed & Breakfast For Sale in Port Elizabeth

R 6,995,000

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General Details
For Sale By:Agency
Dwelling Type:Other
Bedrooms (#):6+
Bathrooms (#):4+
Smoking:No
Pet Friendly:No
Description
Profitable Beachside Guest Houses in Bluewater Bay
This outstanding property in Bluewater Bay, Port Elizabeth, offers a rare chance to buy a profitable and well-kept guest house setup. Located on two separate plots within one secure compound, this versatile gem is perfect for those looking to invest in a business with multiple income streams. The property consists of two houses, each with eight bedrooms, providing a total of 16 rooms. With a location just 200 metres from the beach and close to all amenities, this property is ideal for holidaymakers, long-term tenants, and even professional visitors.

Given the growing industries in Port Elizabeth and ongoing developments, such as those in energy and the automotive sector, this property presents a lucrative opportunity to develop accommodation for professional visitors. The city`s expansion, including new projects in the Coega SEZ and other industrial areas, further enhances the appeal of this property for investors.

The main guest house is a spacious double-storey building. It features three bedrooms upstairs and five bedrooms downstairs, all equipped with safes. The downstairs area includes a reception, a fully-equipped kitchen with a gas stove, and a laundry room. A large garage with a built-in braai area leads to the fully paved exterior, which includes a carport and a lovely koi pond. Upstairs, you will find an open-plan kitchen with a scullery, a five-plate gas stove, and an electric oven. The upper level also includes a sleeper wood bar area, knotty pine flooring, and ceilings, as well as indoor and outdoor braai areas with a large balcony.

The second property within the compound has four self-catering apartments, each offering privacy and convenience. The first apartment includes two bedrooms, each with an en-suite bathroom, and an open-plan kitchen, dining, and lounge area. The second apartment is a spacious one-bedroom unit with a complete kitchen and bathroom. The third apartment has three bedrooms, two bathrooms, and an open-plan kitchen with a dining and lounge area.

Top features of this property:
- Two houses on separate plots within one secure compound
- Sixteen bedrooms in total, with eight bedrooms per house
- Located just 200 metres from the beach
- Fully equipped kitchens in both houses
- Large garage with built-in braai areas
- Four self-catering apartments in the second house
- Walled compound with security gates
- Facebrick construction with watertanks

This facebrick property also includes watertanks and a garden ready for personalisation. Security gates and high walls around the compound ensure a safe and secure environment. Whether you choose to buy one or both houses, this property offers an exciting opportunity to become the new owner of a thriving guest house business in a highly desirable location.

Rates And Taxes: 14477
Property Reference #: RL4394

Agent Details:
Pieter & Irma Venter
NS Property Solutions - Bellville
35 Alliance street, Labiance, Bellville 7530

Id Subtitle 1298772910
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NS Property Solutions - Bellville
Selling for 3+ years
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