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R3,900,000
R3,900,000
23 CAMDEN ROAD
Monthly Bond Repayment R40,920.98
Calculated over 20 years at 11.25% with no deposit.
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Opportunity Awaits An Astute Investor!
The property offers the following:
• 12 Suites/bedrooms
• Impressive dining room
• Swimming Pool
• Staff Accommodation Room
• Large kitchen
• 14 marked open parking
• Special needs entrance
• Alarm System
• Security Cameras
Premises Details
All 12 rooms have en-suite bathrooms and are all fully furnished. These are spacious and superbly decorated suites. The bedrooms focus on comfort, elegance, and thoughtful touches with high-end amenities. All units have DSTV decoder and TV,s and Wi-Fi coverage throughout the property.
There is a fully operational kitchen fully equipped for catering for hosting events. There are 2 dining rooms for event dining. Also features an equipped laundry room, plus a welcoming reception area.
Location, location, location. Never has this saying been so permanent. This beautiful property is set on a large piece of land. Just a block from Settlers Way on your way to and from the airport, IDZ, and MBSA. Attracting local and out-of-town guests. Close to shopping centers, and transportation routes making it ideal to accommodate guests staying on long term.
Financial Summary
Full Financial details are available to seriously interested buyers. The business is recovering from the travel restrictions. However, the industry is showing a recovery.
Investment Rational
A rare golden opportunity to capitalize on the next hot spot as a new wider National Road expansion is in progress. This will usher in lots of visitors to the city, making this property undoubtedly the guesthouse of choice! This could be expanded to include business trips. The entire operation is being sold as a going concern. This will include all movable assets.
Features
Interior
Bedrooms
12
Bathrooms
14
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
14
Security
Yes
Pool
Yes
Sizes
Land Size
1,105m²
Sunnyridge, East London
East London in the Eastern Cape is a vibrant area known for its rich cultural diversity, historic landmarks and thriving arts scene. The area is family-friendly and boasts a variety of property types. East London, fondly referred to as Buffalo City, offers a perfect blend of traditional values and relaxed charm, making it an ideal place to set roots.
East London's airports/routes: travel...
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Disclaimer: While every representation will be made by Lew Geffen Sotheby's International Realty to ensure that the information contained within the website is accurate and up to date, makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
