Bed & breakfast for sale in Summerveld

Bed & breakfast for sale in Summerveld - 1KF1739146
  • For sale
  • New listing
  • Video

R20,000,000
plus VAT thereon

26 bedrooms23 bathrooms3 garagesErf 21675 m²

Expenses

Rates and Taxes: 
R20,000 per month
  • Garage
  • Pet Friendly
  • Country Living
Listing #: 1KF1739146

Activity Centre and 20 Bed hotel in Upper Highway

This much loved Upper Highway hangout nestled in the agricultural and equine node of Summerveld has attracted both local families and out-of-province tourists alike to wine, dine, sleep and play on it sprawling 2 hectare property. Offering a 20 bedroom hotel (with the necessary permits), a padel court, an american-style diner, and ample grounds and sufficient parking to host a lavish wedding, this is a one stop hospitality shop for those who enjoy farm-fresh air.

Also onsite are 2 free-standing homes, currently rented out for additional income.

The site is almost entirely run off of solar and approvals have been granted for the erection of a banquet hall / convention centre.

Financials are available for the serious investor, and currently ROI is sitting at close to 10%.

Contact Ryan Lategan if you would like to acquire a recreational hotspot with exciting prospects of expansion.

Disclaimer: the information contained herein is accurate to the best of our knowledge, errors and omission excepted. Purchasers to please conduct and rely on their own due diligence.

Listing details

Rooms

    • 9 Bedrooms
      • Main Bedroom
      • Main bedroom with en-suite bathroom, built-in cupboards, ceiling fan, double bed and tiled floors
      • Bedroom 2
      • Bedroom with en-suite bathroom, built-in cupboards, ceiling fan, double bed and tiled floors
      • Bedroom 3
      • Bedroom with en-suite bathroom, built-in cupboards, double bed and tiled floors
      • Bedroom 4
      • Bedroom with en-suite bathroom, built-in cupboards, ceiling fan, double bed and tiled floors
      • Bedroom 5
      • Bedroom with en-suite bathroom, built-in cupboards, ceiling fan, double bed and tiled floors
      • Bedroom 6
      • Bedroom with en-suite bathroom, built-in cupboards, ceiling fan, double bed and tiled floors
      • Bedroom 7
      • Bedroom with en-suite bathroom, built-in cupboards, ceiling fan and tiled floors
      • Bedroom 8
      • Bedroom with en-suite bathroom, built-in cupboards, ceiling fan and tiled floors
      • Bedroom 9
      • Bedroom with en-suite bathroom, built-in cupboards, ceiling fan, double bed and tiled floors
    • 9 Bathrooms
      • Bathroom 1
      • Bathroom with basin, bath, tiled floors and toilet
      • Bathroom 2
      • Bathroom with basin, shower, tiled floors and toilet
      • Bathroom 3
      • Bathroom with basin, shower, tiled floors and toilet
      • Bathroom 4
      • Bathroom with basin, shower, tiled floors and toilet
      • Bathroom 5
      • Bathroom with basin, shower, tiled floors and toilet
      • Bathroom 6
      • Bathroom with basin, shower, tiled floors and toilet
      • Bathroom 7
      • Bathroom with basin, shower, tiled floors and toilet
      • Bathroom 8
      • Bathroom with basin, shower, tiled floors and toilet
      • Bathroom 9
      • Bathroom with basin, shower, tiled floors and toilet
    • Other rooms
      • Dining Room
      • Dining room with tiled floors

Other features

Additional buildings

Kloof / Hillcrest Office

75A Old Main Road, Kloof, 3610, KwaZulu-Natal
Registered with the PPRA.Holder of a Business Property Practitioner FFC. Operating a Trust Account. A Franchise of Pam Golding Franchise Services (Pty) Ltd.Alwina Muggeridge Properties cc t/a Pam Golding Properties Upper Highway
Kloof / Hillcrest Office details

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