R7,500,000.00

Durban North, Durban Metropolis, Kwazulu Natal

Property Information

CODE : PP336
Asking Price : R7,500,000.00
Bedrooms : 10.0
Bathrooms : 11.0
Ownership : Freehold
Building Size : 740m²
Garage : Yes
Parking : Yes
Pool : Yes


Description

This is one of the most beautiful and successfully run bed and breakfasts on the South African North Coast. There are seven self contained cottages all with bathrooms en-suite, satellite TV, air-conditioning and various other modern cons. The main house benefits from large verandas, sea views, a private swimming pool, a reception area, a master lounge, a dining room, bar area and pool room. There are an additional 3 bedrooms, all en-suite and renovated to the highest standard. The property has magnificent gardens, an office for administrative purposes as well as a laundry and workshop. There is a high sense of security with solid perimeter walls, electric fencing and remote access. Internal security comprises of infrared beams and alarm systems. There is a double garage and off street parking for guests.

Established 15 years ago, this exceedingly well run establishment benefits from regular cliental comprising of both local businessmen as well as a healthy flow of foreign visitors. Occupancy rates are high, both on and off peak, a sign of good marketing, repeat business and excellent customer service. This property represents a truly A-Grade investment and should benefit hugely from the new King Shaka International Airport and the various forthcoming events such as the 2010 Soccer World Cup. All viewings are to be made by appointment only.

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Contact the Agent

Bradley Hancock » ++27 72 019 6192
[email protected]

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Please Note Due to the fact that the above information has been supplied to us by the property owners and other 3rd party organisations, Portfolio Property Investments will not be held liable or responsible for any errors, misrepresentations or omissions. Due to the nature of property transactions it is always advisable that any prospective purchaser or tenant undertake a thorough due diligence of their own.

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