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Estate With Guest House In Midlands For Sale

Midlands, KwaZulu - Natal, South Africa
Asking Price:
Sales Revenue:
R1.5M - R3M
Cash Flow:
R500K - R1.5M

This is a magnificent country estate located in the southern KZN Midlands. It comprises 2000m² under roof on 27 hectares of land. It includes a guest house with 5 suites, an owners’ residence, ample staff accommodation, large horse stables, a swimming pool and a tennis court, 2 boreholes and a power generator. Residential accommodation comprises 21 rooms including 9 bedrooms with en-suite bathrooms.
The guest house operating on a dinner, bed and breakfast, opened just 6 months ago and is steadily getting established in this popular tourism area with bookings arrangements via Nightsbridge and
Opportunities include expansion of the guest house capacity and development of the estate into a corporate retreat venue.
The reason for selling is that two of the owning partners, who are in retirement age, are relocating with family overseas.
The asking price is R16m excluding certain personal furnishings.

Property Information

Real Estate:

Real Property Included