R 3 500 000
Pam Golding Properties-Nottingham Road
R 3 500 000Can I afford this?
OLD BEACONHILL. An investment in this B&B should yield a return in excess of a 10%p.a. The property has a three star grading and in addition to the four rentable cottages that accommodate up to 20 guests there are comfortable living quatres for management and rentable sites for campers and caravans.
Whether your stay is in the yesteryear station house or elsewhere, one is assured of high class comfort at affordable rates. All rooms are tastefully decorated, with the highly polished wooden floors of the historic buildings adding additional dimensions.
Views are of farmlands and the mountains and in addition there is a golf driving range and river frontage that lend the finishing touches.
Situated only 8kms from the town of Estcourt, in an area where accommodation facilities that are close to the N3 and the mountains are not readily available, the B&B has become a very popular overnight venue with short stay travelers, holiday makers and contracting companies who require long stay accommodation at affordable rates for their employees.
Occupancy and turnover figures are available for perusal by the serious purchaser.