11 Bedroom commercial - guest house for auction in Port St Johns
Web Ref: 977154
Ideal for a lifestyle property, a country lodge or a corporate getaway
Going on Auction 30 January 2019 at 12 Noon
Reserve Price: R3 000 000.00 (All offers will be reviewed)
(10% Commission plus VAT over and above bid amount)
A lifestyle on the wild side, perfectly positioned high above the winding mighty Umzimvubu river with spectacular views accompanied by the calls of the fish eagles and other resident bird/wild life. - 11 rooms to rent out (6 en-suite rooms and 5 rooms sharing 3 bathrooms), and a 56-seater restaurant/kitchen. A once in a lifetime opportunity for a discerning buyer, brimming with opportunity and potential. Situated 9 km’s outside of Port St. Johns on the R61 near the new N2 and surrounded by indigenous forest, with considerable upmarket infrastructure and lush gardens, this unique property lends itself to a place of peace in the heart of magnificent Pondoland.
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.
Monthly repayments will be calculating…
*based on purchase price at Prime over 20 years
Our goal is to sell your property at the right price and in the shortest possible time.