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Guestlodge Property Bistro Rental Apartments In Overberg For Sale

Overberg, Western Cape, South Africa
Asking Price:
R3,900,000 Furniture / Fixtures included
Sales Revenue:
R359,220
Cash Flow:
R229,620

A wonderful opportunity for a lifestyle change to a relaxed/safe country environment while the property generates the income to cover the ownership/upkeep costs. The large property, fronting onto a main tourist route, overlooks a beautiful Overberg valley. The lodge dates back to early last century and has been devotedly returned to much of its original splendor with solid oregon pine floors, ceilings, doors, picture rails & furnishings. The owners live in the lodge and since retirement have not marketed the B&B, catering only for regulars and passing guests. The sale includes:
a. 150 sq.m bistro/pub on 5 year lease is a landmark venue for locals, tourists and groups. Caters for lodge guests too.
b. 6 rented self-contained apartments (all occupied) on 1 year renewable leases.
c. Main house/Lodge: 6 ensuite guestrooms, large kitchen, breakfast area, wood deck, large cellar and various storerooms, generator. Registered with NAA-SA. Wheelchair friendly.
d. 3 double garages + additional off-street parking
e. Stable & shed on extensive grassed property
f. Property available for horses, sheep, orchards or other development
g. Own “lei water”.
h. Property rates are metered for payment by tenants for usage.
NOTE: Owners are well into their 70's, retired and do not advertise or market the guesthouse, catering only for regulars and passers-by as they can manage.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Large house / B&B

Location:

Popular historical Overberg town

Premises Details:

6204 sq/m with 1045 sq.m buildings located on main tourist route

Size in square feet:
6204 sq.m
Planning Consent:

Zoned commercial / agricultural

Business Operation

Expansion Potential:

Marketing of the guesthouse to bring it back to its heydays.

Reasons for selling:

Owner is retiring properly this time.

Trading hours:

N/A

Employees:
1 house keeper
Years established:
1940's and 2004 as a B&B

Other Information

Support & training:

As required. Owners retiring but remaining in the town

Financing available:

Bond over the property

Home based:
This business can be run from home.

Contact Constantiaberg Broking Services

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