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R8,900,000

Monthly Levy
R1 Excl. VAT
Monthly Rates
R10,200 Excl. VAT

4 Star Graded Guest House + Conference Centre For Sale in Durban North

Introducing a remarkable property offering a unique opportunity for investment and growth. This ten-bedroom bed n breakfast, ideally located in the sought-after area of Athlone, Durban North, presents a well-established guest house and conference center. Situated in proximity to main roads and various business hubs, this property is a prime choice for those seeking convenience and accessibility.

Within a mere five-minute drive, residents and guests will find themselves surrounded by a plethora of amenities. Numerous restaurants, golf courses, the Sun Coast Casino and Entertainment World, pristine beaches, and the iconic Kings Park Rugby Stadium are all within easy reach. This coveted location ensures a vibrant and dynamic lifestyle for both business and leisure activities.

Boasting a coveted 4-star grading, this property features nine luxury, air-conditioned bedrooms that have been thoughtfully designed to offer optimal comfort and sophistication. Each room has been meticulously appointed to meet the highest standards, ensuring a truly memorable experience for every guest.

In addition to the exceptional accommodation, this property also offers extensive conference facilities. The main conference room is capable of accommodating up to 40 people, providing the ideal environment for business meetings, seminars, and workshops. For smaller groups or breakout sessions, there is a separate room available. This versatility ensures that all your professional needs can be met within the comfort of this exquisite property.

Furthermore, the property boasts a sun-drenched deck and pool area, perfect for relaxation and unwinding after a productive day. A guest lounge with a fully stocked bar offers a pleasant space for socializing and networking. For those who appreciate outdoor dining, there are braai facilities and an outdoor breakfast terrace available, providing an enchanting setting for enjoying meals in the fresh air.

For added convenience, a spacious manager's cottage with a private outdoor area is included within the property. This ensures that the management team can reside comfortably while overseeing the day-to-day operations of the guest house and conference center.

Parking is both plentiful and secure, with automated gates offering peace of mind to residents and guests alike. This feature ensures easy accessibility and provides a safe environment for all.

Don't miss out on this extraordinary opportunity to own a well-established guest house and conference center in the heart of Athlone, Durban North. Whether you're looking to expand your hospitality portfolio or embark on a new venture, this property offers endless possibilities. Contact us today to arrange a private viewing and discover the true potential of this remarkable investment.

Features

0
15
Zoning:
Commercial
Interior
Air Conditioning
Yes
Exterior
Security
Yes
Sizes
Floor Size
450m²
Land Size
2,402m²
Parking Bays
Open Parking Bays
15

Athlone, Durban North

Durban North is situated just north of Durban in the eThekwini Metropolitan Municipality, created in 2000, which includes the greater Durban area in KwaZulu-Natal, South Africa. It is situated between the N2 freeway and the eastern seashore, with the Umgeni River forming its southern boundary. It is flanked by La Lucia in the north. Briardene, Red Hill and Glen Anil are Durban's main industrial areas. Its...
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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%

Monthly Payment

125,129.95

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