Property Description

HIGHLIGHTS

• 17x Bathrooms
• 16x Bedrooms
• 19x Open Parking bays
• Kitchen leading into Dining Area
• 2x Single outside room cottages
• Pool
• Alarm system
• Easy access to Ballito Lifestyle center
• 100m from the Salt Rock Main beach.

THE STORY

This well maintained boutique hotel is situated just a short walk away from the beach. Consisting of 16 rooms all with designer bathrooms and own balconies as well as two one bedroom cottages.

The rooms are a mixture of executive, twin and family. WIFI, DSTV and Netflix add to the services available as are the smart TVs.

The tropical gardens offer a delightful swimming pool offer a relaxing and tranquil atmosphere. There is ample, secure onsite parking and the whole stand has electric fencing. This is being sold as a going concern with a very high occupancy rate and financials are available on a NDA bases

VIEWINGS: Contact Daniel Martins (details below) for more information or to arrange a viewing

REGISTRATION FEE: R50 000 (refunded immediately if not winning bid)

BUYERS PREMIUM: 6% ex VAT

NOTE:

• The opening bid is not the reserve price

• The winning bidder will pay (immediately upon request) a deposit of 10% towards the transaction and a 6% Buyer Premium plus VAT by EFT into the BidStream Trust Account immediately after the auction. The balance of the purchase price will be secured by the purchaser within 30 (Thirty) business days of acceptance of the offer.

• Should the reserve price not be met, the highest bid will be presented to the seller for consideration after the auction.

• Offers can be submitted prior to auction commencement for consideration. Contact the listing BidStream consultant.

• All viewings & due diligence must be completed before the auction. Please contact the BidStream consultant to arrange this.

  
  

Please note the following will be required to register to bid:

• Copy of bidders ID
• Selfie photo of bidder holding ID next to face
  • ID details and face must be recognizable
• Proof of address
  • Rates bill or lease agreement
• Letter of authority on behalf of a juristic entity
  • If applicable
• Signed BidStream participation rules
  • Ask your BidStream representative for this or download below

DISCLAIMER: No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidStream or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidStream or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidStream or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, or inaccuracy of description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidStream or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidStream or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidStream or the vendor.