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Guesthouse for sale / Village living opportunity in Colbyn

R 8,600,000

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1 month ago130 views
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General Details
For Sale By:Agency
Dwelling Type:Other
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):905
Parking:Garage
Description
Nestled in the desirable western side of Colbyn, this impressive property portfolio consists of three full title properties currently operating as a successful guesthouse. With its prime location and abundant potential, this collection of properties offers a unique opportunity for investors to transform it into a charming village living setup.

Property Features:

1. Main Property:

• Elegant architecture blending classic charm with modern amenities.
• 5 appointed air-conditioned guest rooms, each with en-suite bathroom and kitchenette.
• Study
• Spacious common areas including a living room, TV room, cozy lounge and dining area.
• Fully equipped kitchen designed to cater to large groups.
• Pantry
• Laundry
• Double garage
• Borehole
• Tranquil outdoor spaces featuring well-manicured gardens, a swimming pool, and inviting seating areas.


2. Second Property:

• Rezoned as a guesthouse
• 4 self-catering, air-conditioned guest suites, each uniquely decorated.
• Carports for 4 vehicles.


3. Third Property:

• Rezoned as a guesthouse.
• 4 self-catering, air-conditioned guest suites, each uniquely decorated.
• Carports for 4 vehicles.

Investment Potential:

This portfolio presents an exceptional opportunity for visionary investors. Located in a sought-after area of Colbyn, the properties benefit from steady tourist traffic and a strong diplomatic presence. The guesthouse currently enjoys a constant revenue stream, providing a solid foundation for future development.


Village Living Vision and Opportunity:

• Community Atmosphere: Transform the property into a picturesque village community with 3 individual homes, communal
spaces, and shared amenities.


Location Highlights:

• Prime location in the western side of Colbyn, known for its tranquility, safety and charm.
• Close proximity to popular tourist attractions, cultural, educational and political landmarks.
• Convenient access to major transportation routes, making it easy for residents and visitors to commute.
• A serene setting that offers a perfect balance of privacy and community interaction.

Don’t miss this rare opportunity to invest in a versatile property portfolio with limitless possibilities. Whether you choose to continue operating the successful guesthouse or embark on an exciting village living transformation, these properties promise a future of growth and prosperity.

Has Pool
Property Reference #: RL9064

Agent Details:
Dihan Slabbert
Koalet Properties
555 Jennings Street
Dasport
Pretoria
0082

Id Subtitle 1289133354
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Estimated monthly repaymentR 93,199
Total property loan amountR 8,600,000
Total interestR 13,767,714
Total repaymentR 22,367,714
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Koalet Properties
Selling for 2+ months
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