Luxury Guesthouse – Walmer, Gqeberha

Item Status: Available

Luxury Guesthouse - Walmer, Gqeberha

10% Buyer's Commission Excluding VAT
VAT Applicable: Yes

Property Details

Building Size 475 Square Meters
Stand Size 1461 Square Meters
Zoning Commercial
Property Address 5 Third Avenue, Walmer, Gqeberha
Title deed number T47586/2006CTN
Municipal land valuation R2,000,000.00
Monthly rates R3,556.56
Title deed number T47586/2006CTN
Erf No. Erf1884, Walmer
Street Name Third Avenue
Street No. 5
Suburb Name Walmer
City Gqeberha

Luxury 8-unit Guesthouse with Residential Property on site

 

Great investment opportunity for the discerning purchaser, close to the airport, with a vast variety of lucrative options. Currently, this property is a Guesthouse with excellent rating and occupancy. This property is 200m from the Chief Dawid Stuurman International Airport. There are 8 self-contained units overlooking the sparkling pool. One of these units is a two-bedroom unit. All units consist of their own kitchenette and en-suite bathroom.

 

In addition, there is a 4 bedroom, 4 bathroom house on the property which can easily be turned into additional accommodation options, or used to live in.

 

All units walk out onto the swimming pool area, with a communal undercover braai area. The property also has a dining hall, laundry room, reception area and double garage. The borehole supplies the entire property with pure drinking water.

 

All furniture and appliances belonging to the guesthouse is included in the sale.

 

The established business is an opportunity for:

  • Investor looking for excellent Return on Investment;
  • Existing hospitality chains looking for a well-kept property in Gqeberha;
  • Long term rentals for University Students or Flight School students;
  • The entrepreneur who wants to purchase an already established Guesthouse.
  • 10% Deposit payable on the fall of the hammer
  • Auctioneers commission payable on the fall of the hammer
  • Balance of purchase price payable on registration of transfer
  • FICA documentation will be required for auction registration

Price: R2,800,000

Excludes VAT & Commission

5 Third Avenue, Walmer, Gqeberha

Item Documents

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