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ONSITE DISPOSAL AUCTION – WALMER, GQEBERHA A-3255 COMMERCIAL PROPERTY AUCTION IN GQEBERHA (PORT ELIZABETH), EASTERN CAPE AUCTIONED BY MICHAEL JAMES ORGANISATION

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GQEBERHA (PORT ELIZABETH) - COMMERCIAL PROPERTY, DEVELOPMENT PROPERTY, HOSPITALITY PROPERTY, RETAIL PROPERTY

ONSITE DISPOSAL AUCTION – WALMER, GQEBERHA A-3255

DESCRIPTION:

10% Deposit payable on the fall of the hammer

Auctioneers commission payable on the fall of the hammer

Balance of purchase price payable on registration of transfer

FICA documentation will be required for auction registration

FEATURES:

Luxury 8-unit Guesthouse with Residential Property on site.

Great investment opportunity for the discerning purchaser, close to the airport, with a vast variety of lucrative options. Currently, this property is a Guesthouse with excellent rating and occupancy. This property is 200m from the Chief Dawid Stuurman International Airport. There are 8 self-contained units overlooking the sparkling pool. One of these units is a two-bedroom unit. All units consist of their own kitchenette and en-suite bathroom.

In addition, there is a 4 bedroom, 4 bathroom house on the property which can easily be turned into additional accommodation options, or used to live in.

All units walk out onto the swimming pool area, with a communal undercover braai area. The property also has a dining hall, laundry room, reception area and double garage. The borehole supplies the entire property with pure drinking water.

All furniture and appliances belonging to the guesthouse is included in the sale.

The established business is an opportunity for:

  • Investor looking for excellent Return on Investment;
  • Existing hospitality chains looking for a well-kept property in Gqeberha;
  • Long term rentals for University Students or Flight School students;
  • The entrepreneur who wants to purchase an already established Guesthouse.
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