Fully Operational Guest House in Prime Coastal Location

Western Cape , Cape Town

R 13,000,000ZAR

R 252,390

ZAR

Stock: R 1,000,000

Assets: R 1,000,000

Summary

A well-established coastal hospitality business just five minutes from a beautiful, uncrowded beach. The property offers 13 spacious rooms with en-suite bathrooms, small kitchens, and private terraces, along with a bar, breakfast area, swimming pool, terrace, and lounge. Catering to leisure and corporate travelers and hosting weddings and private events, the business has a strong reputation and consistent bookings. The property is valued at approximately R9 million, with estimated assets of R1 million, and potential annual turnover of around R2.4 million with proper management and marketing. more