GUESTHOUSE, PROPERTY + RENTAL INCOME - CBS 329
Price: ZAR 3 900 000
Property ID: CBS 329
Industry Sector: Real Estate
Location: Overberg, Western Cape
This is a wonderful opportunity for a lifestyle change to a relaxed, country environment + RENTAL INCOME. A large property, fronting onto a main tourist route, north facing and overlooking a beautiful Overberg valley.
The lodge dates back to early last century and has been devotedly returned to much of its original splendour with solid oregon pine floors, ceilings, doors & furnishings.
The owners live in the lodge and cater for guests BUT do not market the B&B as they are retired.
The deal includes:
- Rented bistro on lease + renewal option. The bistro is a landmark venue for locals, tourists and groups
- Caters for the lodge guests.
- 6 rented self-contained apartments each on annual 1 year renewable leases.
- Main house/lodge: 6 ensuite guestrooms, large kitchen, breakfast area, wooden deck, large cellar under house, refuse & generator room, brick garden shed and stable.
- Registered with NAA-SA.
- Three double-garages & additional off-street parking.
- Stable & shed on an extensive grassed property.
- The property can accomodate animals, orchards or farming.
- Own “leiwater”
|Stock in Trade:||N/A|
|Operating Profit:||ZAR 19135 + pm net|
|Asset Value:||ZAR 4,4 mil valuation|
|Size of Premises:||6204 sq.m (1000 sq.m buildings)|
|Staff:||1 house cleaner|
|Year Established:||1940’s and 2004 as B&B|
|Legal Entity:||Sole proprietor|
|Reason for Selling:||Moving to retirement complex|
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