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Guest house / B & B (Income generating)
R 2,640,000
Can I afford this?
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2 years ago1873 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Parking:Garage
Description
This is a fully operational Bed & Breakfast with magnificent sea views.
It is a Mediterranean styled Villa, situated in a lovely tranquil part of Margate and it is in immaculate condition and is being sold FULLY FURNISHED apart from a few items.
There are 6 bedrooms, all with flat screen TVs - 3 are en suite. There is also an upstairs Executive Suite which has a lounge, kitchenette, 2 bedrooms, His & Hers bathroom & shower. A large walk in dressing room and a veranda which has an amazing view of the sea.
The main residence has a separate lounge and a TV lounge. There is an undercover patio with a small cane bar with stunning sea views while sipping your ice cold glass of wine.
The kitchen is well equipped to cater for all the guests while they sit in the spacious dining room and enjoy their scrumptious breakfast.
There is a good size swimming pool on the property. There is also a modern Prefab home on the property with a double bedroom and en-suite shower and bathroom. This unit presently houses the manager.
There are four garages plus parking for four extra vehicles.
This large property is completely walled with automatic driveway gates, intercom and an alarm system
Contact me to view
Has Pool
Property Reference #: RL5204
Agent Details:
Isabel Carthew
PropertyTime
Umtentweni
It is a Mediterranean styled Villa, situated in a lovely tranquil part of Margate and it is in immaculate condition and is being sold FULLY FURNISHED apart from a few items.
There are 6 bedrooms, all with flat screen TVs - 3 are en suite. There is also an upstairs Executive Suite which has a lounge, kitchenette, 2 bedrooms, His & Hers bathroom & shower. A large walk in dressing room and a veranda which has an amazing view of the sea.
The main residence has a separate lounge and a TV lounge. There is an undercover patio with a small cane bar with stunning sea views while sipping your ice cold glass of wine.
The kitchen is well equipped to cater for all the guests while they sit in the spacious dining room and enjoy their scrumptious breakfast.
There is a good size swimming pool on the property. There is also a modern Prefab home on the property with a double bedroom and en-suite shower and bathroom. This unit presently houses the manager.
There are four garages plus parking for four extra vehicles.
This large property is completely walled with automatic driveway gates, intercom and an alarm system
Contact me to view
Has Pool
Property Reference #: RL5204
Agent Details:
Isabel Carthew
PropertyTime
Umtentweni
Id Subtitle 939370409
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Estimated monthly repaymentR 28,610
Total property loan amountR 2,640,000
Total interestR 4,226,368
Total repaymentR 6,866,368
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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Selling for 3+ years
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