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R12,750,000

Fairways Boutique Hotel
Monthly Rates
R8,842 Excl. VAT

WELL PRICED BOUTIQUE HOTEL FOR SALE

Nestled in the heart of the charming and popular coastal town of Salt Rock, this Boutique Hotel offers a unique opportunity to own a luxurious and intimate VAT registered hospitality establishment within walking distance to the main Salt Rock Beach. The hotel has residential and commercial rights. Residential rights could you have a bed and breakfast ; boarding house or day care facility. Commercial meaning you can have a home business, medical office, provisional offices, personal service outlet, restaurant, tuck shop and tea garden. So the opportunity for this property is limitless!

This hotel is now available for sale, presenting a chance to become the proud owner of a flourishing business that caters to discerning travelers seeking a memorable and personalized experience.

The Boutique Hotel boasts exceptional spaces on a 2229sqm stand and has two entrances from different roads. Further boasting 12 elegantly appointed rooms each with either a balcony or patio, a TV and a coffee station, 12 Bathrooms, 10 Covered Parking bays, 2 Dining areas, 3 Lounges and a large entertainment area with sparkling pool. Separate accommodation for the manager and staff and a further 2 furnished flatlets to generate more income other than the hotel itself, each meticulously designed to blend modern comfort with a touch of local charm. It has the potential to expand if you have a creative flair. Guests can indulge in the luxurious amenities all around the town and surrounding towns of Ballito. Every space exudes an ambiance of sophistication and tranquility and there is a laundry as well.

The Boutique Hotel presents not only an opportunity to own a thriving hospitality business but also to become a part of the vibrant community. With a proven track record of positive guest reviews, steady revenue, and a dedicated staff, this hotel is primed for continued success. The sale of the Boutique Hotel includes all furnishings, fixtures, equipment, and licenses necessary to operate the business seamlessly from day one. Serious inquiries will be provided with detailed financial statements, occupancy rates, and revenue projections. This is a rare chance to own a well-established boutique hotel that offers a refined experience to guests while enjoying the benefits of a prime location. The Boutique Hotel is more than just a property; it's an investment in luxury, lifestyle, and the potential for substantial returns.

Serious buyers are invited to contact us to schedule an exclusive viewing and explore this exceptional opportunity to own a piece of hospitality excellence just 15 minutes away from King Shaka Airport and 5 minutes away from Ballito Lifestyle Centre or the Junction Mall.

Salt Rock is a fast-developing area with many new property owners renovating and capitalizing on their property investment potential and has many different shopping centres, restaurants, medical facilities and hospitals as well as many private schools. A fabulous tourist destination with accommodation needs on the rise.

Features

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Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
2,229m²
Land Size
2,229m²

Salt Rock, Ballito

Salt Rock is situated on the Indian Ocean shoreline, just 45 kilometers north of Durban, offering easy access to residents and tourists alike. The town enjoys a year-round appeal thanks to its warm, subtropical climate. Its renowned Salt Rock Beach, with its pristine sandy shores, is a haven for swimming, sunbathing, and water sports. The sheltered coves and crystal-clear waters also make it a popular destination...
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Transfer Costs

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Transfer Fees
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Transfer Duty
Postage and Petties:
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Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
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Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
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MONTHLY REPAYMENTS

 

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Monthly Payment

179,259.19

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