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 ref # 170


R 2 400 000 (141 176 EUR*)

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Colchester/Addo Elephant Park Guesthouse


This property is situated in Colchester and within 5 minutes drive from the Addo Elephant Park and within 15 minutes drive from the new Coega Harbour. As the new harbour develops and expands on a monthly basis the demand for affordable accommodation increases and the owners applied for consent to operate this property as a business. No historic financial history available as the owners only recently bought the property and then applied for all the permissions but have since then decided to move back to all their family and friends in the Northern Province.

There are 4 self-catering units and one of them is a family unit with 2 rooms and the main house also have 2 bedrooms with lounge and lapa or entertainment area. The property is sold partially furnished with the contents in 3 of the self-catering units included in the asking price. The office or study can also be converted into another bedroom in the future as demand grows. All security measures in place with CCTV Cameras and alarm system monitored by the local security company.

This is the perfect opportunity for the visionary investor with the right marketing background to take this property to the next level. We do have an agreement in place with the owners that we will only show the property to potential buyers who are prepared to supply proof of funding. Please contact Bertie van Deventer today to arrange your viewing.

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Bertie  van Deventer, estate agent

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