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Walmer, Walmer, Gqeberha, Eastern Cape
R 8 495 000
Luxury Private Mansion and Hospitality Business. The Oak Tree Cottage is an upmarket boutique style secure complex, currently operating with 8 luxury self-catering fully furnished rentable apartments in a prime location. This immaculate and well cared for property features not only aesthetic beauty and a serene quality lifestyle but a hidden gem in the form of so many opportunities which you would be able to mould according to your personal and economic requirements. For example - 1. This could be your huge private 5-bedroom mansion (with still 4 private apartments to use as you wish) or, 2. Live on the property with a passive income from rentable units or, 3. Just keep the current very successful hospitality business model which ranges from one night Airbnb to long term stays. The complex is fully walled, alarmed electric fence and park like gardens Sparkling pool, braai and boma area for entertaining your guests. Large ERF at 1983sm 900sm of up market furnished living facilities including, A fully equipped self-service laundry facility, basement workshop and storage area. Well organized facility with low running costs e.g. (Borehole, Solar Geyser Wise, 8KW 17panels Solar System, Back-up Inverter, LED lighting, Gas Appliances, etc, etc.) Unique successful business model with proven track record 100% occupancy for the past 9 years! Great investment opportunity with many useable options. Below is a short summary of each apartment: Unit 1: - 230sqm Main House. Spacious 2 Bedroom Luxury Fully Furnished Apartment consisting of an elevated deck overlooking the pool, sunny open plan living area, TV lounge, fully fitted granite kitchen and scullery with gas stove. Stunning spacious main bedroom, MES bathroom and own fireplace. The second bedroom has its own large MES with walk in shower. Unit 2: - 50sqm Pool Studio. Spacious Fully Furnished Studio Apartment with double bed, open plan TV lounge, kitchenette and separate MES with shower and bath. Unit 3: -55sqm_ (Note: this could be the 3 bedrooms of the main house) Tastefully Furnished 1-bedroom elevated apartment. A short flight of stairs leads you onto a very private large, elevated deck with beautiful views. This unit has an open plan TV lounge and bedroom with plenty of BIC space. There is a separate well-equipped kitchenette and large MES with bath and separate shower. Unit 4: - 55sqm East Side Apartment Luxury Fully Furnished 1 bedroom ground floor apartment with big double doors leading into an open plan lounge and kitchenette. The separate bedroom has a queen-sized bed with lovely MES. You also have your own private outside patio area to relax and braai. Unit 5: - 60sqm West Side Apartment A private patio leads you into this spacious fully furnished upmarket one bedroom unit. There is a large open plan lounge, kitchenette and study area. The bedroom has a comfortable queen-sized bed and huge MES with shower and separate bath. Unit 6: - 55sqm (Note: this could be the 4 bedrooms of the main house) Is a very private elevated one bedroom fully furnished apartment with beautiful views from your own deck. The fully equipped open plan living area leads into a lovely bedroom with MES. Unit 7: - 55sqm (Note: this could be the 5th bedroom of the main house) Beautiful, sunny and warm north facing one Bedroom Tastefully Furnished Apartment featuring a private entrance deck, open plan lounge and kitchenette. Large bedroom with BIC’s and MES. Unit 8: - 140sqm Separate Garden Cottage Large Private 1 Bedroom Beautifully Furnished Separate Garden Cottage. Featuring a private entrance hall, large bedroom with BIC’s and large MES, open plan lounge and kitchenette. Double doors open out to a beautiful private under-cover furnished deck, braai facility and garden area.
Estimated monthly repayment
R 80 221
on a R 7 645 500 bond over 20 years at 11.25%
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Walmer, Walmer, Gqeberha, Eastern Cape
Area view — the exact address is shared on enquiry.
Listed by
Dylan Kruger
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