Successful Guest House business

Exclusive mandate. Experience the relaxed atmosphere, fresh air and ambiance that this property offers. A tranquil lifestyle in a country setting while still being in the vibrant city of Potchefstroom as well as being close to amenities such as the NWU. The property in extent of 1.95 hectares feature two large stands with separate title deeds. The one stand of 9606sqm's is ideal for development of townhouses. The other stand of 9899sqm includes a well-established and successful Guest House business comprising of the main house featuring a state of the art kitchen, a lounge as well as a separate tv lounge, dining room, 2 en suite bedrooms and a reception area. On the premises are 4 fully equipped self-catering cottages overlooking a dam. Next to the dam is a covered deck that is also equipped with braai facilities. The separate building that has a Victorian design accommodates rooms 5, 6 and 7. Room 7 can easily accommodate a family of 5 people with a private outside kitchen and braai area. The Guest House includes 8 units with a total of 23 beds available. The units range in size and structure – each with unique décor and design. The property offers a gross income of approximately R130 000 p/month. The price includes loose assets to the value of R689 000. The vacant land is priced at R5,300,000 and the guesthouse is offered at R13,000,000 including loose assets as per list. Furthermore the property offers the following: 3 en suite guest rooms as well as 1 family unit with an en suite bathroom and kitchenette, a laundry with extra storage space, carports for guest parking, lock-up garages that can accommodate 4 vehicles, an outdoor entertainment area with a wooden deck, a storage room, a water purifying plant and an automatic 40 Kw back up power plant with a 2200 L diesel tank that supplies power security to the buildings. The second adjacent property of 9606sqm is ideal for further development – adding to the value of the property, or for reselling.