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Boutique Hotel In Salt Rock, South Africa For Sale

Salt Rock, KwaZulu - Natal
Asking Price:
R14,500,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R1,500,000
Cash Flow:
R100K - R500K

This Boutique Hotel on the North Coast of Kwa-Zulu Natal, South Africa boasts 14 bedrooms and 14 bathrooms, breakfast/catering facilities, laundry, Jacuzzi and pool.
Increase your earning potential by expanding to 19 rooms with plans available.
The ever popular Salt Rock main beach is within walking distance (150m) from the hotel, making this an attractive place to stay, with all current infrastructure included in the sale this is a perfect investment opportunity on the fastest growing areas in South Africa.
The hotel currently sees a 14%-17% return and with a full time functional manager recently being implemented these figures are on the rise.
Financials available to serious buyers only.

If interested please contact the seller through the form on this page.

Property information

Real Estate:

Real Property Included

Living Accommodation:

Yes

Location:

Prime location walking distance from salt rock main beach

Business Operation

Expansion Potential:

Extra space for 2 more rooms

Reasons for selling:

Owner wants to retire

Contact Information

    1. Your Address

    2. Optional
  1. Optional

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