11 Bedroom guest house for auction in Rondebosch East, Cape Town

ELEGANT BOUTIQUE STYLED GUESTHOUSE+FIVE BEDROOM ALL-ENSUITE PROPERTY

Going on Auction: Wednesday 27 November 2024
Reserve Price: R21 000 000.00 (All offers will be reviewed)
Non-refundable 10% commission plus VAT over and above purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)  

Elegant boutique style guest house + five-bedroom all en-suite property sold as one lot

Sale by voluntary auction! Style and elegance beckoning its new host. Take over the reins for this boastful
boutique style guest house in a very well sought location. With its regal stature it comes fully furnished and with
all equipment to continue this lucrative business. It caters for corporate conferencing and has an event venue for
up to 100-120 pax. The current owners have cemented partnerships with travel agents and is registered for
website reservations. Accommodation is perfect for the jet setting businessman and designates. A must see as
the property has just so much to offer! Seller instructs non-disclosure of financials. The reserve price includes a
smaller second property with similar character. More photos are available on request.

Rawson Auctions (Southern Region) are obligated by law to market the property at the Reserve Price as listed herein.  A "Reserve Price" is a minimum Rand amount the Seller will accept as the winning bid, and is not necessarily the property's market value, nor the amount the property is likely to be sold for on the day of the auction.