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Summerhill guest house
R 9,450,000
Can I afford this?25 Photo(s)
6 months ago65 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):887
Parking:Garage
Description
The guesthouse is ideally situated on the beach side of St Francis Drive, providing easy access to the main beach, shops, and restaurants..
With seven self-catering bedrooms, the establishment caters to guests looking for independence and flexibility during their stay while there is enough space for the owner to live here if necessary. Established in 2003, the guesthouse has grown into a profitable income-generating business with excellent rental returns. The financials reflect its success.
The guesthouse has earned an excellent reputation for exceptional service, as evidenced by positive reviews across various booking platforms.
The property offers five separate apartments with a total of seven en-suite bedrooms, accommodating up to 17 people. Each unit is uniquely decorated and fully equipped. There's an inviting covered braai area for outdoor cooking and relaxation, surrounded by a beautiful garden with fruit trees and shrubs and a magnificent Wild Fig tree. A Jacuzzi adds to the outdoor appeal.
The double garage is extra-large and could serve as parking or be converted into an additional unit, yoga studio, or spa, providing flexibility for future use. The property is secure with a gated entrance and provides parking for 6 vehicles inside the property. CCTV cameras in the area, and garden lights, add to the safety of guests and their vehicles. The property includes an office, two laundry rooms, two storerooms, water tanks, and two outside bathrooms. It also features modern amenities like Fibre WiFi, Full DSTV, solar geysers, a backup generator, and waterborne sewerage on main.
The price includes the property and the business and comes partly equipped and furnished, making it a turnkey investment property.
# Ensuite: 7
# Parking: 2
Rates And Taxes: 2780
Has Garden
Temperature Control: Fireplace
Security Features: Fence, Access Gate
Property Reference #: 4041420
Agent Details:
Erna Kleynhans
St Francis Bay
Chas Everitt
101 St Francis Drive
St Francis Bay
6312
With seven self-catering bedrooms, the establishment caters to guests looking for independence and flexibility during their stay while there is enough space for the owner to live here if necessary. Established in 2003, the guesthouse has grown into a profitable income-generating business with excellent rental returns. The financials reflect its success.
The guesthouse has earned an excellent reputation for exceptional service, as evidenced by positive reviews across various booking platforms.
The property offers five separate apartments with a total of seven en-suite bedrooms, accommodating up to 17 people. Each unit is uniquely decorated and fully equipped. There's an inviting covered braai area for outdoor cooking and relaxation, surrounded by a beautiful garden with fruit trees and shrubs and a magnificent Wild Fig tree. A Jacuzzi adds to the outdoor appeal.
The double garage is extra-large and could serve as parking or be converted into an additional unit, yoga studio, or spa, providing flexibility for future use. The property is secure with a gated entrance and provides parking for 6 vehicles inside the property. CCTV cameras in the area, and garden lights, add to the safety of guests and their vehicles. The property includes an office, two laundry rooms, two storerooms, water tanks, and two outside bathrooms. It also features modern amenities like Fibre WiFi, Full DSTV, solar geysers, a backup generator, and waterborne sewerage on main.
The price includes the property and the business and comes partly equipped and furnished, making it a turnkey investment property.
# Ensuite: 7
# Parking: 2
Rates And Taxes: 2780
Has Garden
Temperature Control: Fireplace
Security Features: Fence, Access Gate
Property Reference #: 4041420
Agent Details:
Erna Kleynhans
St Francis Bay
Chas Everitt
101 St Francis Drive
St Francis Bay
6312
Id Subtitle 1238299362
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Estimated monthly repaymentR 102,411
Total property loan amountR 9,450,000
Total interestR 15,128,477
Total repaymentR 24,578,477
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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Chas Everitt
Selling for 3+ years
Total Ads146
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