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St Michaels On Sea, St Michaels On Sea, Margate, KwaZulu-Natal
R 4 800 000
Guest House for Sale Walking into this stunning 8-bedroom guesthouse with nothing but space and luxury, which is top class in the view of location and easy accessibility.A bargain property, with commercial rights, and a well-established business income, in a perfect position, to the right young or retired investor looking for a lifetime income, this is a no brainer!The main building offers an entrance hall with a reception area, a spacious lounge dining room with a large bar and 6 en-suit bedrooms, a kitchen with a scullery, laundry and office at the end of the long spacious passageway.Outside, connected to the main building are 2 private bedrooms with en-suit bathrooms, which is perfect for a guest who need to bring a pet along, or just need a quiet space.The sparkling swimming pool just outside the double doors leading out onto the patio, with a braai and entertainment area, you can have a lot of venues planned.The kitchen, laundry and scullery are extremely spacious, and the private office is just off the kitchen, you can enter into the bar from out the kitchen serving bar counter meals or enter into the dining area.This property is excellent to use for any tipe of venue, or just as a guest house. Catering or self-catering which way you choose to run your business.It also boasts a caravan park with 4 stands, and 3 fully tiled outside bathrooms with a toilets and showers and a laundry for the capers use.The property is secured with an CCTV camara, alarm system and electric fence with have two gates, one to the entrance of the guest house and one to the entrance to the caravan - parking which can be closed at night, giving your guests a secure and good night''s sleep.A walk away from the beach and short drive away from the South Coast Mall and Shelly Beach center, situated in between small businesses this property could not be at a more perfect spot!Just think of it, your own guest house at a giveaway price, and having the opportunity to stay on the premises, with a good amount of advertising you can turn this into your own goldmine!To avoid disappointment call me today! Show more Show less
Estimated monthly repayment
R 45 328
on a R 4 320 000 bond over 20 years at 11.25%
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St Michaels On Sea, St Michaels On Sea, Margate, KwaZulu-Natal
Area view — the exact address is shared on enquiry.
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