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10 Bedroom Guest House Sold in Walmer

R2,650,000


Monthly Bond Repayment R27,805.28
Calculated over 20 years at 11.25% with no deposit.

Web Ref No RL6389

CALLING ALL INVESTORS!!

Here is an opportunity to make a smart financial investment in this magnificent part of the city!

It is sold as a going concern with training and handover included.

The property has been tastefully restored and sensitively maintained with many of the original features still intact.

A well-established guest house has an average occupation of 30% to 50% and 80% during peak months, with over 100 days confirmed for 2024.

It boasts 10 guest rooms with en-suite bathrooms, 2 staff rooms, 1 laundry room and a reception area.

Extra: Two 5000liter water tanks

It is conveniently situated close to the Airport.

Every effort has been made to ensure the content of this advert is correct, however, no responsibility will be borne for any errors or omissions it may contain.

Features

Bedrooms 10
Bathrooms 10
Recep. Rooms 2
Dom. Accom. 2
Land Size 1,615m²
Carports/Parkings 10
Furnished Yes
Monthly Rates R1,600.00

Agent Contact Details

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