10 Bedroom guest house for auction in Amanzimtoti

Eleven-bedroom bed & breakfast with a three-star grading.

Going on Auction: Wednesday 27 November 2024
Reserve Price: R3 000 000.00 (All offers will be reviewed)
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)

PERFECT FOR THE PASSIONATE HOSPITALITY BUSINESS DRIVER.
Eleven-bedroom bed & breakfast with a three-star grading.
Presently operating as a 3 Star B&B, this boastful property beckons its new owner to get on board! Overlooking the majestic Indian Ocean, tranquility, golden sunsets and occasional visits from whales or dolphins are but hors d’ oeuvres to the experience. With easy access to the Galleria Mall, restaurants, and beaches it’s a great getaway for all. Furniture is included in the sale. The seller has disclosed that excess rain has washed soil at bottom however has not affected main building only side wall has cracked and moved. 100m2 Roof has been built.

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. The Seller reserves the right to consider all offers.