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Established Bed and Breakfast- Salt Rock

A stunning Bed and Breakfast, situated within walking distance from Salt Rock beach is being put on the market. This type of running concern is an extremely rare find and won't be available for long.

The Boutique Hotel consisting of 10 units and 2 cottages, mostly fully booked, even throughout the off-season with holiday makers and businesspeople. It has proven a popular establishment, with guests returning year and year, season after season.
Each unit comes with a private veranda with picturesque views of sea and/or valley - soak up the last rays of the sunset or salute the sunrise with a cup of coffee.

Bathrooms are all en-suite and ultra-luxurious. Coffee-making facilities and wall-mounted televisions with DSTv is standard in every room option and wifi is available throughout. The kitchen is fully equipped to deal with the various breakfast options available to guests.

A sparkling pool is set amongst lush vegetation and swaying palms. Parking inside for guests consist of 16 parking bays and the property is ultra-secure - fully walled with intercom and electronic gates.

All financial accounts are available upon request. The bed and breakfast establishment is VAT registered and with a buyer also VAT-registered, there would be no transfer costs. The current manager lives on the premises and is willing to remain in this position to assist with daily bookings, cleaning schedules and breakfast preparations.

You could choose to live in the owner's cottage overlooking the pool - a fully contained apartment, with kitchen, private balcony and open-plan living area.

Features

0
16
Zoning:
Commercial
Exterior
Security
Yes
Sizes
Land Size
2,229Ha
Parking Bays
Open Parking Bays
16
Extras
Security Gate • Roof: Tile • Security: Electric Fencing • Security: Intercom

Salt Rock, Ballito

Welcome to paradise! Approximately 40km north of Durban, on South Africa's east coast in the province of KwaZulu Natal, sits Ballito, a popular seaside vacation town and residential suburb. The once sleepy seaside village is now a bustling "mini-city within a city," tucked away in a great evergreen sugarcane plantation, with golden beaches and the warm waters of the Indian Ocean beckoning visitors to its...
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Disclaimer: While every effort will be made to ensure that the information contained within the Harcourts South Africa website is accurate and up to date, Harcourts South Africa 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.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

180,919.63

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