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Midlands Country Estate With Guest House In KwaZulu Natal For Sale

KwaZulu Natal, KwaZulu - Natal, South Africa
Asking Price:
R16,000,000
Sales Revenue:
R2,656,800
Cash Flow:
R823,992

This is a magnificent country estate located in the southern KZN Midlands. It comprises 2000m² under a 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, two 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 Booking.com.

The asking price is R16m excluding certain personal furnishings.

Property Information

Real Estate:

Real Property Included

Location:

KwaZulu Natal

Size in square feet:
2000sqm

Business Operation

Expansion Potential:

Opportunities include expansion of the guest house capacity and development of the estate into a corporate retreat venue.

Reasons for selling:

The reason for selling is that two of the owning partners, who are in retirement age, are relocating with family overseas.

Trading hours:

24/7

Other Information

Furniture / Fixtures value:
R1,800,000