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R 11 200 000 | bed & breakfast property for sale in margate

Property Description


Well run established Bed and Breakfast ready for new owners! Situated within walking distance of the beach & bustling village, offers 4 star luxury accommodation and superb views. From the pool deck or your own private balcony, you have an expansive 180 sea view, where you can relax and watch whales & dolphins. Each of their 14 luxury air-conditioned rooms has an en-suite or private bathroom and private balcony with sea view. House and garden security alarm. Walk in and start operating, no downtime, owners have offered to work with you for a month to show you all the in and outs of running this profitable Guesthouse.


Property Details

Purchase PriceR 11 200 000

Building Size1012 m2

Price Per SQMR 11067 m2

Monthly Rates2500

Type of PropertyBed & Breakfast

Land Size2020 m2

Pets AllowedYes

FurnishedYes

Last Updated19 Dec 2019

Rooms

Store RoomYes

Study1

Laundry1

Kitchen1

Bedrooms14

Bathrooms12.5

Reception Rooms

Lounges1

Dining Room1

External Features

Swimming PoolYes

Patio1

Outdoor Livingface brick/plaster

Garages3

Carports12

General Features

SecurityYes

RoofingTile

FlooringCarpet/tiles/slate

Sea ViewsYes

Property Location


AddressHomestead, Margate, Margate, KWAZULU-NATAL, South Africa

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Agent

Geoffrey Stockdale

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