Perfectly Situated Guesthouse

Western Cape

R 18 000 000

Financial Information

Detailed financials available on request

A dramatic setting that is spell bounding. This is a unique opportunity to own two guesthouses adjacent to each other which could operate as a boutique hotel, providing further development options! The guest house benefits from an exceptionally high percentage of return business! The art decor guesthouse consists of the fully equipped 45 x seater restaurant with bar area, kitchen, and decks seating, as well as an inviting lounge leading into the garden with a splash pool. It has 6 well-appointed rooms overlooking the lagoon. The adjacent guesthouse offers 15 rooms, basic, family and luxury suites with lagoon views as well as a pool and a 2-bedroom cottage. All rooms are beautifully decorated and very neat. On-site laundry facilities and walk-in storeroom. Staff accommodation also available. A superb location on the edge of the lagoon offering a unique ambiance and theme with a relaxed atmosphere and panoramic views. These two guesthouses, with a 4-star rating, are managed together which presents an opportunity to accommodate large groups of tourists. A large parking area provides ample parking for 21 vehicles. Ample vacant land for further infrastructure development. The property is well-maintained. The two-bedroom cottage can easily be utilized as owner or manager accommodation. Asking price excludes VAT. Audited financials available as well as all mandatory certificates and approved building plans.

Reason for selling

Other business interests.
Annual revenue
R 2,344,867
Stock value
R 0