Features

29

30

2

?

Beds

Baths

Garage

Parking

Rooms

Swimming Pool

Garden

Furnished

Restaurant

Pet Friendly

Alarm

Guest Rooms

Wheelchair

Wireless

Aircon

Spa

Elevator

Conference Facilities

  • Reception room with tiled floors
  • Dining room with tiled floors
  • Kitchen 1 with tiled floors
  • Kitchen 2 with tiled floors
  • Living room 1 with tiled floors
  • Living room 2 with tiled floors
+  see more

Live and Work On The Beach! Income earning B & B, pays for itself! No transfer costs.

TWO BEACHFRONT PRIME PROPERTIES. FURNISHED AND INCOME GENERATING. The Combined Property Features: 29 bedrooms; 30 bathrooms; 2 swimming pools; 2 kitchens; living rooms; reception; dining hall; laundry; balconies; large sun-deck and outdoor entertainment area, and large parking area. Two adjacent large Guest Houses on the beach, sold together or separately. • Sold together = R26.8. million • Turn-over =R 3 million per annum for both Costs =R 1,149,397 Profit R1,852, 251. Separately: Bentley = R17.3 million (turn over R2.223million) Beach House R9.5million (turn over R777,000) Total Size of both properties: 2024 sq. m (Bentley = 1012sq m Beach House = 1012sq m) Total Size of both buildings: 1424 sq. m (Bentley = 804sq m Beach House = 620sq m) Bentley's 8 en-suites generate a t/o of R2.223 million at only 50% occupancy; only 8 of the 16 en-suites are used for accommodation. The other 8 rooms are on the ground floor, 4 large rooms (3 are sea-facing) and 4 standard rooms all en-suite, could generate an extra R600 000 per annum if rented as offices, or more if used as accommodation. Presently used as owner's Sons' accommodation. Secure parking for 11 cars, large sundeck with rim-flow swimming pool overlooking the ocean. Kitchen, large dining room, large reception office and store rooms. All Guest House furniture is included, plus 16 Air conditioners. Two boreholes with ample ground water a real asset. Private furniture excluded Beach House consists of 13 en-suites i.e. 10 used for guests. All with private entrances, air conditioners and furnished. Occupancy under 30% (Ample scope for increased income). Note income and occupancy excludes very large owner's luxury suite, lounge, dining room, kitchen, and two staff rooms under same roof. Double Garage and 8 parking bays. Private furniture excluded ADDITIONAL FEATURES: • Exceptional views by day and night, overlooking Durban Bay • Upmarket suburb, easy access to all business and tourism facilities. • Commonwealth Games scheduled … just 10 minutes away. • Bentley Luxury suites are large and comfortable with modern bathrooms. • Relax on a slatted deck overlooking sun kissed beaches and rolling surf, with inset champagne pool for exclusive guests at Bentley. Snooze on a chaise around the large tropical garden pool at Beach House. • Kite sailing, surfing and tanning on your doorstep. Exquisite golf courses nearby. Holiday paradise. CHANGE YOUR CAREER …. SMILE ….. DREAM …. BREATHE FRESH SEA AIR.

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Property details

Erf size:
1,012 m²

Rates and Taxes
R18,200 per month

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