This outstanding property in Bluewater Bay, Port Elizabeth, offers a rare chance to buy a profitable and well-kept guest house setup. Located on two separate plots within one secure compound, this versatile gem is perfect for those looking to invest in a business with multiple income streams. The property consists of two houses, each with eight bedrooms, providing a total of 16 rooms. With a location just 200 metres from the beach and close to all amenities, this property is ideal for holidaymakers, long-term tenants, and even professional visitors.
Given the growing industries in Port Elizabeth and ongoing developments, such as those in energy and the automotive sector, this property presents a lucrative opportunity to develop accommodation for professional visitors. The city's
expansion, including new projects in the Coega SEZ and other industrial areas, further enhances the appeal of this property for investors.
The main guest house is a spacious double-storey building. It features three bedrooms upstairs and five bedrooms downstairs, all equipped with safes. The downstairs area includes a reception, a fully-equipped kitchen with a gas stove, and a laundry room. A large garage with a built-in braai area leads to the fully paved exterior, which includes a carport and a lovely koi pond. Upstairs, you will find an open-plan kitchen with a scullery, a five-plate gas stove, and an electric oven. The upper level also includes a sleeper wood bar area, knotty pine flooring, and ceilings, as well as indoor and outdoor braai areas with a large balcony.
The second property within the compound has four self-catering apartments, each offering privacy and convenience. The first apartment includes two bedrooms, each with an en-suite bathroom, and an open-plan kitchen, dining, and lounge area. The second apartment is a spacious one-bedroom unit with a complete kitchen and bathroom. The third apartment has three bedrooms, two bathrooms, and an open-plan kitchen with a dining and lounge area.
Top features of this property:
- Two houses on separate plots within one secure compound
- Sixteen bedrooms in total, with eight bedrooms per house
- Located just 200 metres from the beach
- Fully equipped kitchens in both houses
- Large garage with built-in braai areas
- Four self-catering apartments in the second house
- Walled compound with security gates
- Facebrick construction with watertanks
This facebrick property also includes watertanks and a garden ready for personalisation. Security gates and high walls around the compound ensure a safe and secure environment. Whether you choose to buy one or both houses, this property offers an exciting opportunity to become the new owner of a thriving guest house business in a highly desirable location.
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