Highly Profitable and Well-Established Guest House for Sale in Prime location on Main Road

R 6,990,000

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3 months ago45 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):2974
Parking:Street
Description
Asking R6 990 000

We are thrilled to present this exceptional 1000sqm guest house to the market. Situated on a spacious 2974sqm on Main Road, this guest house boasts a strong and loyal corporate client base, ensuring consistent year-round business. Since its establishment in 1998, "The Manor House" has shown consistent growth and high occupancy rates. The property and business are being sold as a going concern, making it a savvy investment opportunity. All furniture, linen, and equipment are included in the sale, and financial statements and management accounts are available to qualified buyers. The current owners will provide a smooth handover process to the new owners.

What sets this property apart is its rich history in Lydenburg. The 15 guest rooms are all en-suite and offer modern amenities such as satellite TV, wifi, heaters, and ceiling fans.

The Manor Guest House also features a large swimming pool and entertainment area, surrounded by a beautifully established garden filled with roses and fruit trees. The main house is where guests can enjoy delicious home-cooked breakfasts and dinners, creating a truly memorable and homely experience for all.

Additional features include parking space for 18 cars, an irrigation system for the garden, and top-notch security measures such as an electric fence, cameras, security lights, and an alarm system. With room for expansion, this property offers endless possibilities.

Property Details:
- ERF: 2 974sqm
- Building: 1 000sqm
- Rates: R2 452p/m

Don't miss out on this outstanding opportunity to own a profitable and historically significant guest house in Lydenburg. Contact us today for more information or to arrange a viewing.

Rates And Taxes: 2452
Has Pool
Has Garden
Property Reference #: 2210984

Agent Details:
Sue Pinker
LuxLiv Property Group
91 Jean Avenue, Centurion, 0157

Id Subtitle 1259540222
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Estimated monthly repaymentR 75,752
Total property loan amountR 6,990,000
Total interestR 11,190,270
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