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Commercial Property in Colchester For Sale

R13 500 000

Bedroom icon 12 7 454m2 1010m2
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Commercial Property in Colchester For Sale

Multi Unit Commercial Property for sale in Colchester

3 Third Avenue

Bedroom icon 12 7 454m2 1010m2

Commercial Property in Colchester For Sale

3 Third, Avenue

Multi Unit Commercial Property for sale in Colchester

R13 500 000

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7 Bedroom icon 12 1010m2

Features

  • Parking 7

Description

 *Dual mandate*  

A lucrative business opportunity for investors, sold with all inventory included.

An opportunity not to be missed!

12 Bedroom Commercial Property for sale in Colchester, Eastern Cape.

"Settle Inn" is a 4 star graded self-catering luxury establishment, created to focus on an individual's needs, with all the possible amenities, this is the perfect investment for people who appreciate the finer things in life.

"Settle Inn", know for its spectacular gardens and landscaping as well as the luxury lifestyle feel it provides, is without a doubt a diamond in the small town of Colchester. With sunset views and a private jetty right on the water this is the perfect place for a breakaway.

Situated only 25 minutes away from Port Elizabeth, a mere 80m walk away from the majestic Sundays River in Colchester, and only 3km away from Addo Elephant Parks newest Southern entry gate as well as other top game reserves in close proximity.

The guest house consists of 7 modern, luxury, low-maintenance face brick self-catering units ready for use situated over 4 erven. The units have the following to offer:

UNIT 1- accommodates 6 people :

* 3 Bedrooms

* 2 Full bathroom

* Full kitchen

* Open plan living area

* Outdoor built-in braai with lapa area

* Private splash pool area

* Alarm system connected to armed response

* CCTV

* Parking area

UNIT 2 - accommodates 5 people:

* 2 Bedrooms

* 1 Full bathroom with bath and shower

* 1 bathroom with shower

* Full kitchen

* Open plan living area

* Outdoor built-in braai with veranda

* private pool with jacuzzi and lapa

* Outdoor seating area

* Alarm system connected to armed response

* CCTV 

* Parking area
 

UNIT 3 - (75m2) - can accommodate 2 adults and 1 child:

* Open plan sleeping area, living area and kitchenette

* 1 bathroom with shower

* Private veranda

* Access to shared pool area

*Alarm system

* Smoking free unit with a smoke detector, linked to the armed response

* Parking area  

UNIT 4 - (75m2) - can accommodate 2 adults and 1 child (wheelchair friendly):

* Open plan sleeping area, living area and kitchenette

* 1 bathroom with walk-in shower

* Private veranda

* Access to shared pool area

* Alarm system

* Smoking free unit with a smoke detector, linked to the armed response 

* Parking area  

UNIT 5 - (75m2) - can accommodate 2 adults and 1 child under 12:

* Open plan sleeping area, living area and kitchenette

* 1 bathroom with shower

* Private veranda

* Access to shared pool area

* Alarm system connected with armed response

* Smoking free unit with a smoke detector, linked to the armed response 

* Parking area  

 

UNIT 6 - can accommodate 2 adults and 2 children under 12:

* 1 Bedroom with built-in cupboards

* Open plan living area with:

* full kitchen

* dining room

* lounge

* bunk bed (for children)

* Full bathroom

* Private indoor Jacuzzi with a steam room

* private veranda with patio table and chairs

* Private pool area with built-in braai area and pizza oven

* Outside pool toilet and shower

* Parking area

UNIT 7 - can accommodate 6 people:

* 3 Bedrooms with built-in cupboards

* 2 Full bathrooms

* Full kitchen

* Open plan living area

* Outdoor built-in braai with veranda

* Private jacuzzi (Not connected)

* Outdoor seating area

* Alarm system connected with armed response 

* Parking area

 

ADDITIONAL INFORMATION:

* All units are easily maintained with septic tank systems and solar geysers in place

* 2 x Separate laundries to service all the units with full built-in cupboards for laundry storage

* Reception / Office

* Bathroom with shower

* Built-in cupboards for all administrative filling

* Storage room

* Beauty and massage equipment included (inventory list available)

* Inventory list, booking information and any additional information available on request

* Automated access gates

* Electric fencing around the perimeter of the property which is connected to the armed response

* The guesthouse is situated in a residential area and thus adheres to the homeowners association & all metro bylaws

* Dedicated staff quarters for tea and lunch times etc

* Jojo tanks

* Rate and taxes for each erf as follows: 

Erf 1401 = R2025.50 

Erf 1402 = R1150.20 

Erf 1413 = R722.99 

Erf 1414 = R1669.24 

* Homeowners levy @ R349 per erven 

* Nearby places and amenities include but are not limited to: 

BP Colchester – 3.4km away 

Kwikspar Colchester – 3.4km away 

Spar Tops Colchester – 3.4km away 

Restaurants, Pubs and Coffee Shops Colchester – 2.5km – 3.5km away 

Dentist Bluewater Bay – 20 Minutes away 

General Practitioner Bluewater Bay – 20 Minutes away 

Klinicare Pharmacy Bluewater Bay – 20 Minutes away 

* Barge not included in the sale

For a viewing of what this opportunity all has to offer make an appointment today. You do not want to miss this golden opportunity!

 

Monthly Costs

Calculated over 20 years at % with no deposit.

Bond Payments R
Mun. Rates & Taxes ZAR 2,026
Monthly Levy ZAR 349

Property Details

Web Ref RXBL-13048
Property Type Commercial Property
Building Size 454m2
Erf Size 1010m2
Bedrooms 12
Bathrooms 7

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Sandy Van Der Walt

Full Status Property Practitioner

RE/MAX Independent Properties (Lorraine)

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Enquiry about property Ref:RXBL-13048

R13 500 000
change currency
  • ZAR
  • BWP
  • EUR
  • GBP
  • NAD
  • NZD
  • AUD
  • USD
  • ZWL
  • ZMW
  • MUR

Contact Agent

Agent profile picture

Sandy Van Der Walt

Full Status Property Practitioner

RE/MAX Independent Properties (Lorraine)

MessageCall me back Whatsapp
Book a viewing

Contact Sandy Van Der Walt

Agent profile picture

Sandy Van Der Walt

Full Status Property Practitioner


RE/MAX Independent Properties (Lorraine)

Show number

Show number

Enquiry about property Ref:RXBL-13048