Opening Bid
R10,000,000

Investment

LOT 186

3 Fairway Drive, Salt Rock, Ballito

  • GLA
    722m2
  • No. of Stories
    2
  • No. of Buildings
    2

Online Auction
27 May 2021 - 27 May 2021

Property Description


HIGHLIGHTS


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:

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






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.

Legal Documents

Photos


Contact

 

Daniel Martins
[email protected]
BidStream
071 971 8077
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Experience

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