Guesthouse for Sale in Somerset East, Eastern Cape R5.50 Million

R 5,500,000

Can I afford this?
1 year ago1333 views
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General Details
For Sale By:Agency
Dwelling Type:Other
Bedrooms (#):Studio or Bachelor Pad
Bathrooms (#):4+
Parking:Garage
Description
Large B&B/Self-catering guesthouse, accommodating families and individuals in 10 en suite double bedrooms and three apartments for larger families, one two-bedroomed with two bathrooms, the other two, three-bedroomed with two bathrooms. Rooms and apartments fitted out with all amenities to satisfy the discerning traveller. Several of the bedrooms can house families of up to five persons.

Situated in the picturesque town of Somerset East and with the mind-blowing natural environment of the Blue Crane and Merino Routes surrounding the town, this is an opportunity not to be missed.

The photos of the property, better known as Avondrust B&B, speak for itself. The centrally situated property, made up of three title deeds, has efficient service facilities, such as ample secure parking, a ding area for those who prefer to have breakfast on the premises, and laundry facilities.

This well-maintained property is a must see, and a profitable investment for people interested in taking opportunities in the fast-recovering tourism industry in South Africa's most exciting destination in the Eastern Cape Karoo region. In fact, this area is the new "go to" tourism attraction in rural Eastern Cape and has become a hot spot for wildlife, mountain biking and off-road enthusiasts.

For more information, contact the agent.

Property Reference #: RL5893

Agent Details:
Frans Loots
Agrisell PTY Ltd
9A Kerk Street
Piketberg
7320

Id Subtitle 1123901129
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Estimated monthly repaymentR 59,604
Total property loan amountR 5,500,000
Total interestR 8,804,934
Total repaymentR 14,304,934
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Agrisell PTY Ltd
Selling for 6+ years
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