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R10,750,000

Monthly Bond Repayment R94,998.90
Calculated over 20 years at 8.75% with no deposit. Change Assumptions

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10 Bedroom Guest House For Sale in Eden

10 BEDROOM GUEST HOUSE FOR SALE IN GEORGE

Exquisite top-rated 4 star established up-market guest house for sale in George/Garden Route

This profitable, reputable and award winning; established guest house has been owner operated for the past 26 years.

It offers a unique lifestyle suitable to people who thrive in hospitality and/or are looking for a new challenge.

Highly recommended on all the leading accommodation booking web sites and a winner of “Hall of Fame” status on Tripadvisor.

The Guest House comprises of two individual titled properties, both not VAT registered, with fully compliant books going back 26 years. Current bookings in advance to 2021 with regular repeat business from local as well as overseas returning guests.

The accommodation consists of 8 units, with self-catering and B&B options offered. The owner’s suite could be used as a luxury suite, which has a large en-suite bathroom, bedroom, lounge and enclosed sunny patio room with lovely views of the huge garden and adjacent Katberg Nature Reserve.

There is a self-catering family home on the second property, comprising of 3 bedrooms and 3 bathrooms and a dream cottage granite kitchen, all fully equipped for families up to six guests or groups traveling together.
A separate cute duplex/cottage, which is highly popular due to it's own entrance and parking and mountain view, along with a modern Annex Suite off the main house - with own courtyard and parking. These are considered luxury suites on both sides of the property, which have spacious bedrooms, en-suites, kitchen, lounge and outside spaces.

In the main Guest House there is a standard budget en suite double room for single or double occupancy. A downstairs, easily accessible luxury suite with sunken lounge overlooking the garden through bay windows.

Upstairs boasts the stunning Executive Suite with super king bed that can convert to twin, air-conditioning - a very stylish large en suite, fully equipped kitchen and private balcony with lovely forest views. This room can be incorporated with the adjacent room, which also has it’s own modern bathroom, lounge and balcony, to create a family two bedroomed/two bathroom suite. Alternatively both can be used as two separate units. All rooms are decorated in an individual and unique style with top class solid furniture and the highest quality linens, as one would expect from a four star establishment of this kind.

To top it all off, there are numerous other features in this well maintained property, the main Guest House has a large lovely white oak kitchen and separate new laundry and office space. The double volume ceilings in the main guest lounge and reception area coupled with wood burning fireplace, make it very special and unique. The dining room is currently used by the owners and sometimes doubles as a meeting place or for cosy served winter breakfasts and dinners, with an adjacent TV lounge and gas fireplace.

The wow factor is the beautiful summer/breakfast room with a vaulted ceiling, overlooking the rolling lawns leading down to the river’s edge of the nature reserve, and the sparking salt water pool and guest patio. Which also has a guest bathroom for guests using the pool area. This entire area has total privacy and is wrapped with large trees, and the well establised garden. Relaxing has never been easier, than in this slice of Eden.

All of this, with birds in abundance offering tranquility with no traffic in a secure secluded quite cul-de-sac - a lifestyle choice only enjoyed by a lucky few.

The owners still enjoy the day to day interaction with their guests and the satisfaction of this profitable business of their own creation. They will be sad to give it up, therefore more than happy to continue to give guidance and assistance to the new owners for a hand over period of time. However the encroaching years and desire to spend more quality time with their grandchildren has necessitated their need to consider retirement.


Features

10
10
4
Interior
Bedrooms
10
Bathrooms
10
Reception Rooms
6
Studies
1
Exterior
Garages
4
Pool
Yes
Views
Yes
Sizes
Floor Size
680m²
Extras
Ample parking for each room, One guest wash room, 1 x Office area
 
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Disclaimer: While every effort will be made to ensure that the information contained within the CCH (Cape Coastal Homes / City Country Homes) website is accurate and up to date, CCH (Cape Coastal Homes / City Country Homes) makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

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MONTHLY REPAYMENTS

 

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Monthly Payment

94,998.90

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