- 12
- 7
- 454 m2
- 1 010 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Disclaimer: The estimates contained on this webpage are provided for general information purposes and should be used as a guide only. While every effort is made to ensure the accuracy of the calculator, RE/MAX of Southern Africa cannot be held liable for any loss or damage arising directly or indirectly from the use of this calculator, including any incorrect information generated by this calculator, and/or arising pursuant to your reliance on such information.
Mun. Rates & Taxes: ZAR 2025.50
Monthly Levy: ZAR 349.00
Property description
Business opportunity for investors, sold with all inventory.
Transform your portfolio with this prime self-catering investment, delivering remarkable ROI and endless business opportunities!
12 Bedroom Property for sale in Colchester, Eastern Cape.
Rated 9.5 on Booking.com.
"Settle Inn" is a 4 star graded luxury self-catering 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 self-catering accommodation 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 self-catering units are 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
Kwik Spar 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
https://www.facebook.com/Settlinnselfcatering/
Disclaimer: These particulars are believed to be correct but their accuracy is not guaranteed and they do not form part of any contract.
For a viewing of what this opportunity all has to offer make an appointment today. You do not want to miss this golden opportunity!
Property Details
- 12 Bedrooms
- 7 Bathrooms
Property Features
Video
| Bedrooms | 12 |
| Bathrooms | 7 |
| Floor Area | 454 m2 |
| Erf Size | 1 010 m2 |
Contact the Agent
Sandy Van Der Walt
Full Status Property Practitioner