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GUEST HOUSE/ B & B in Margate
R 2,395,000
Can I afford this?25 Photo(s)
1 year ago279 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):2313
Parking:Garage
Description
8 BED GUEST HOUSE/ B & B - TREMENDOUS INVESTMENT OPPORTUNITY
Mediterranean style B & B with beautiful views of the ocean and overlooking a tropical valley. The 8 bedrooms sleep 18 people including an executive suite with 2 bedrooms, private lounge, kitchen and private balcony with spectacular sea views. There are also 5 bathrooms, 3 of which are en-suite.
Attractive dining room flows to TV lounge with patio doors to the beautiful rear garden. Kitchen has a separate scullery.
The pool area, located in the centre of the building, is most attractive - ideal for relaxing and braai time.
Managers cottage is separate consisting of lounge, kitchen bedroom, bathroom and patio.
4 garages with space for 4 open parking's
Located in Margate close to all amenities and various beaches, offering cosy accommodation to both the holiday trade and business people who visit the South Coast. Also perfect as a large family home.
Untapped potential - have the vision, reap the reward.
# Ensuite: 3
# Entrance Hall: 1
# Parking: 4
Rates And Taxes: 2500
Has Pool
Has Garden
Security Features: Fence, Alarm, Access Gate
Property Reference #: 3691521
Agent Details:
Sandra McClelland
KZN South Coast
Port Shepstone
Mediterranean style B & B with beautiful views of the ocean and overlooking a tropical valley. The 8 bedrooms sleep 18 people including an executive suite with 2 bedrooms, private lounge, kitchen and private balcony with spectacular sea views. There are also 5 bathrooms, 3 of which are en-suite.
Attractive dining room flows to TV lounge with patio doors to the beautiful rear garden. Kitchen has a separate scullery.
The pool area, located in the centre of the building, is most attractive - ideal for relaxing and braai time.
Managers cottage is separate consisting of lounge, kitchen bedroom, bathroom and patio.
4 garages with space for 4 open parking's
Located in Margate close to all amenities and various beaches, offering cosy accommodation to both the holiday trade and business people who visit the South Coast. Also perfect as a large family home.
Untapped potential - have the vision, reap the reward.
# Ensuite: 3
# Entrance Hall: 1
# Parking: 4
Rates And Taxes: 2500
Has Pool
Has Garden
Security Features: Fence, Alarm, Access Gate
Property Reference #: 3691521
Agent Details:
Sandra McClelland
KZN South Coast
Port Shepstone
Id Subtitle 1162495898
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Estimated monthly repaymentR 25,955
Total property loan amountR 2,395,000
Total interestR 3,834,149
Total repaymentR 6,229,149
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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KZN South Coast
Selling for 3+ years
Total Ads1.06K
Active Ads1.06K
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