Description

BEACHFRONT PRIME PROPERTIES. INCOME GENERATING. NO TRANSFER COSTS and FURNISHED

Two adjacent large Guest Houses on the beach, sold together or separately.

Together = R26.8 million = $1.71 at 04/01/2016
Turn-over = R2.86 million ($183,000) per annum for both
Bentley =17.8 million t/o R2.08million
Beach House = R9.5million t/o R777,000

www.beachfront.org.za to view both


Bentley’s 8 en-suites generate a t/o of R2.08million and is under 50% occupancy; We only use 8 of the 16 en-suites for accommodation. The other 8 room are on the ground floor, 4 very large rooms (3 are sea-facing) and 4 standard rooms all en-suite could generate an extra R600,000 per annum if rented as offices, or more if used as accommodation. Presently used as owner’s accommodation. Secure Parking for 11 cars, Large Sundeck with pool rim-flow to the ocean. Kitchen, large Dining room, Large Reception office and store rooms. All guest House furniture included, plus 16 Air conditioners. Private furniture excluded.


Beach House under 30% occupancy using 10 en-suites (Ample scope for increased income). Note income and occupancy excludes very large owner’s luxury suite, Lounge, dining room, Kitchen, and two staff rooms under same roof. Beach House consists of 13 en-suites i.e. 10 used for guests. All with private entrances, air conditioners and furnished, only private furniture is excluded.

ADDITIONAL FEATURES:

• Exceptional views by day and night, overlooking Durban Bay; see gallery www.beachfront.org.za
• Upmarket suburb, easy access to all business and tourism facilities.
• Commonwealth Games scheduled ….just 10 minutes away.
• Bentley Luxury suites are large and comfortable with modern bathrooms see gallery www.beachfront.org.za
• Relax on the wooden view deck with inset champagne pool for exclusive guests at Bentley or around the large tropical garden pool at Beach House.
• Kite sailing, surfing and tanning on your doorstep.

Details

  • View: Beach, Sea
  • Listing status: Active
  • Available from: Jan 18, 2016
  • Listing #: 12120

Utilities

  • Broadband Internet
  • District cooling
  • Electricity
  • Gas
  • Hot water
  • Sewer
  • Telephone
  • Trash
  • TV Cable
  • Water

General facilities

  • Balcony
  • Porch
  • Satellite

Indoor facilities

  • Air conditioning
  • Bathroom with shower
  • Bathroom with tub
  • Fitted kitchen
  • Furnished

Outdoor facilities

  • 1. Beach Line
  • Barbecue area
  • Garden
  • Pool

Keywords:

Map

Address: 19 The Promenade, Durban North, 4051, South Africa
Latitude / Longitude: -29.762048 / 31.064315
Nearest beach Glenashley Beach 1 Minutes

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  • Name: Shirley Hutton
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