Storms River Village Guest lodge

R 3,225,000

Can I afford this?
8 months ago132 views
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General Details
For Sale By:Agency
Dwelling Type:Other
Bedrooms (#):Studio or Bachelor Pad
Bathrooms (#):4+
Size (sqm):480
Parking:Garage
Description
This Guest lodge is situated in Storms River Village, well known for its adventure activities such as Bungee jumping, Forest canopy tours, Sedgway tours through the forests, Mountain Biking, Hiking, black water tubing and the list goes on. This small Hamlet is on the border of the Eastern and Western Cape and is extremely popular with European tourists given it's eclectic location, residents and activities. This guest lodge is a work in progress consisting of 2 large stands of over 4000 square meter and totalling 8500 square meter in extent. The one stand is developed with a main house consisting of 7 bedrooms in total, reception and common areas as well as a dining area. There are 2 x self catering units separate from the main dwelling as well as a 6 car garage, laundry room, store room, workshop and other outbuildings including one stand alone cottage. There is a 6KVA Generator and a borehole. The roof and trusses on the main dwelling have recently been replaced.

This property has massive potential and is waiting for it's new owner to take it to the next level.

Serious seller seeking offers as they wish to re locate abroad due to work commitments.

Property Reference #: RL13298

Agent Details:
Robert Auersperg
Meridian Realty Pty Ltd
Office 12
The Woodmill Lifestyle Centre
Vredenburg Road
Devonvallei
Stellenbosch
7600

Id Subtitle 1229924453
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Estimated monthly repaymentR 34,950
Total property loan amountR 3,225,000
Total interestR 5,162,893
Total repaymentR 8,387,893
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Meridian Realty Pty Ltd
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