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8-Bed B&B For Sale In Port Elizabeth

Port Elizabeth, Eastern Cape, South Africa
Asking Price:
R4,095,000 Furniture / Fixtures included
Turnover:
On request
Net Profit:
On request

**An Investor's Dream on the Beachfront!**

An outstanding and rare opportunity to own a profitable, well-established Bed & Breakfast in sought-after Bluewater Bay, Port Elizabeth.

This versatile property offers multiple income streams from day one. Ideal for holiday makers, Airbnb, corporate stays, and professional contractors.

Why this property makes money:

Port Elizabeth is booming. With massive growth in the energy sector, automotive industry, Coega SEZ and industrial developments, the demand for quality accommodation for professional visitors has never been higher. You are buying a business, not just a house.

The Property:
This spacious double-storey facebrick building currently offers 8 en-suite style bedrooms (3 upstairs, 5 downstairs) with safes, easily convertible to 12 bedrooms.

Ground Floor: Welcoming reception area, fully-equipped kitchen with gas stove, laundry room, large garage with built-in cupboards - with approved potential to convert into 4 extra bedrooms. Fully paved exterior with carport and tranquil koi pond.

First Floor: Second fully-equipped kitchen, spacious dining area for guests to enjoy breakfast cosy sleeper-wood bar area, beautiful knotty pine flooring and ceilings, indoor & outdoor braai areas with large balcony for sunset views.

  • Top Features:
  • 8 Bedrooms converting to 12 - Instant income growth
  • Only 200 metres from the beach
  • 2 Fully equipped kitchens
  • Built-in indoor & outdoor braai + balcony
  • Walled compound with security gates & high walls
  • Low-maintenance face brick construction
  • Water tanks + established garden
  • Carport, paved parking & koi pond
  • Reception ready + gas equipped for load-shedding

A secure, thriving guest house business in one of PE's most desirable coastal locations. Walk to the beach, close to all amenities.

**Monthly Rates from R14,477 - Income generating from day one!**

Serious investors - this won't stand long. Contact us today for a private viewing and full financials.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

One of the 8 bedrooms is currently occupied by the B&B manager, but can be made available as guest accommodation.

Location:

Bluewater Bay! Just 200 meters from the beach, this property offers not only a prime location but also a chance to capitalize on the growing industries in Port Elizabeth.

Premises Details:
  • 8 bedrooms in total each with a ensuite
  • 2 fully equipped kitchens and a spacious dining room for guests
  • Large garage that can be changed in 4 bedrooms
  • Walled compound with security gates
  • Face brick construction with water tanks
Size in square feet:
500 square meters
Planning Consent:

Al buildings on plan and consented by the Municipality

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

This property currently offers 8 bedrooms with excellent expansion potential. The existing garage can be converted into 4 additional bedrooms, allowing for a total of 12 bedrooms

Competition / Market:

There are 8 other guests house and bed and breakfasts in Bluewater Bay however
it is common practice, when a B&B is full, owners almost always exchange / refer guests to each other:
How it works there:
Local referral network — Because there are only 4-5 proper B&Bs in Bluewater Bay itself (Ilitha, Sobha, Martha's, The Amsterdam etc), they all know each other. If you're full, you WhatsApp the next one and send the guest over. You don't lose the relationship.
If you're listed on Booking.com / Airbnb / SafariNow — mark your calendar as fully booked. The platforms will automatically push the guest to the next available B&B in Bluewater Bay. You don't need to do anything.

Reasons for selling:

The owner want to go on retirement

Trading hours:

24/7 Monday to Sunday

Employees:
2
Years established:
+- 20 years

Other Information

Support & training:

The seller will provide all support where needed

Furniture / Fixtures value:
R1,042,800 - included in the asking price
Contact Seller