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Profitable 16 Bedroom Bed And Breakfast In Port Elizabeth For Sale

Port Elizabeth, Eastern Cape, South Africa
Asking Price:
R6,995,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R2,376,000
Cash Flow:
On request

A Secure and Profitable Venture

Port Elizabeth, also known as Gqeberha, continues to emerge as a hub for growth and opportunity in South Africa. Among the many attractive prospects in this dynamic city, Bluewater Bay stands out as a serene suburb that combines coastal beauty with urban convenience. Nestled within this prime location lies a remarkable investment opportunity—a stunning property featuring two houses on separate plots within a secure compound, offering unparalleled potential for those looking to expand their portfolio.

Property Features

This unique property boasts a total of 16 bedrooms, making it ideal for various uses, including long-term rentals, guest accommodations, or even converting into a boutique hospitality establishment. Key features include:

  • Two separate houses: Each house is situated on its own plot within the secure compound, ensuring privacy and flexibility in usage.
  • Total of 16 bedrooms: Ample space to cater to multiple guests.
  • Four self-catering apartments: Perfect for short-term stays or rental income.

The secure compound adds a layer of safety and exclusivity, making this property compelling for both personal use and as an income-generating asset.

Prime Location

Bluewater Bay is renowned for its proximity to Port Elizabeth’s business hubs, pristine beaches, and vibrant community life. This location is strategically positioned to capitalize on the growing industries in the area, including manufacturing, logistics, tourism, and renewable energy sectors. With easy access to major highways and the Port of Ngqura, connectivity is seamless, ensuring tenants or guests enjoy convenience and accessibility.

Why Invest?

Investing in this property offers numerous benefits:

  • High rental yield potential: With 16 bedrooms and self-catering apartments, the property is primed for generating substantial rental income.
  • Portfolio diversification: Adds a secure, tangible asset within a growing urban market.
  • Future appreciation: Port Elizabeth’s development trajectory suggests increasing property value in areas like Bluewater Bay.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

The property has 16 bedrooms for guests and separate flatlets that can be rented on montly basis

Location:

The Bed and Breakfast is located in Bluewater Bay, Port Elizabeth

Premises Details:

The bed breakfast is on two premises it can be sold separately

Size in square feet:
1400 square meters
Planning Consent:

All buildings and extensions is on plan approved by the local authorities

Business Operation

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

Yes there is expansion potensial

Competition / Market:

It competes with other bed breakfasts in Blue Water Bay

Reasons for selling:

The owner want to retire

Trading hours:

24 hours

Years established:
+- 20 years

Other Information

Furniture / Fixtures value:
R942,800 - included in the asking price
Related Documents:
Home based:
This business can be run from home.