R3,400,000
R3,400,000
16 OLYMPIC AVE
Monthly Bond Repayment R36,258.61
Calculated over 20 years at 11.5% with no deposit.
Change Assumptions
Monthly Rates
R4,167
R4,167
Thriving Durban Tourism Business for Sale!
This well-established guest house, known for its excellent reputation and international clientele, offers six beautifully finished bedrooms, each with its own bathroom. Additional income comes from two downstairs flatlets, and a separate owner's section can be converted into more guest rooms or another revenue stream.
The property is energy-efficient with gas stoves, water heaters, a solar water system, and eight solar panels with an inverter, reducing utility costs. Enjoy amenities such as a sparkling pool, braai area, and ample storage space. Financial records and glowing guest reviews confirm its success.
The International Airport is 40km away, and Durban Central is less than 14km away. For golf enthusiasts, The Bluff Country Club is within 2km..
Please don't hesitate to call me for a private viewing
Features
Interior
Bedrooms
10
Bathrooms
10
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
12
Domestic Accommodation
1
Pool
Yes
Sizes
Floor Size
271m²
Land Size
938m²
Bluff, Durban
Beach meets business
Durban Central is a diverse, colourful neighbourhood that includes the beachfront areas, the Berea, Morningside, Glenwood, Musgrave and the CBD. The beach is the biggest attraction and locals flock the promenade to cycle, run, surf, swim, fish or just catch some sun. There are also incredibly lush parks and open spaces dotted around the neighbourhod for residents to take advantage of. The...
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