Web Ref RL9931
R8,599,000
3 Mathias Place, Durban North, Durban North
Monthly Bond Repayment R85,850.68
Calculated over 20 years at 10.5% with no deposit.
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Monthly Rates
R10,000
R10,000
Calling All Investors!
A great investment opportunity exists to purchase a well-established bed and breakfast that has been operating successfully for the past 13 years. The business is cleverly planned to generate strong rental income, with a mix of accommodation options designed for both guests and owners. The 3-star B&B features two large en-suite bedrooms, a third bedroom with a separate bathroom, and a dedicated office. All of these open onto a spacious patio overlooking a sparkling pool and beautifully maintained garden.
The main house offers open-plan living with a lounge, pub and games area, a guest toilet, and a large modern kitchen and dining space. The property also includes seven additional guest rooms at the back: four with double beds and three with two single beds each, plus a separate microwave area. On the other side of the house is a honeymoon suite with sea views and its own entrance, along with another double bedroom with an en-suite. Additional features include a double automated garage, ample parking, and a 4750L JoJo water tank.
The owners have maintained the business to a high standard and are now retiring, so if you’re an investor looking for a turnkey opportunity, call today.
The main house offers open-plan living with a lounge, pub and games area, a guest toilet, and a large modern kitchen and dining space. The property also includes seven additional guest rooms at the back: four with double beds and three with two single beds each, plus a separate microwave area. On the other side of the house is a honeymoon suite with sea views and its own entrance, along with another double bedroom with an en-suite. Additional features include a double automated garage, ample parking, and a 4750L JoJo water tank.
The owners have maintained the business to a high standard and are now retiring, so if you’re an investor looking for a turnkey opportunity, call today.
Features
Pets Allowed
Yes
Interior
Bedrooms
10
Bathrooms
9.5
Kitchen
1
Reception Rooms
2.5
Study
1
Furnished
No
Exterior
Garages
2
Security
Yes
Parkings
8
Flatlet
6
Domestic Accomm.
1
Pool
Yes
Scenery/Views
Yes
Sizes
Land Size
1,371m²
Extras
24 Hour Response; Accommodation; Alarm System; Balcony; Bar Counter; Built In Bar; Cul-de-sac; Domestic Bathroom Out Buildings; Open Plan Kitchen; Office; Water Tank
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Monica Bodley
Full Status PPRE Registered with PPRA(FFC 1223207) Show number View my listings WhatsApp
