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Description

Lodge and resort near Albert Falls dam.

This neat and well-kept 2.23Ha resort and lodge is right on the Umgeni River, you can almost drop your fishing line off the restaurant deck into the river. The fully licenced, well patronised restaurant can take 70 +plus people at a sitting within or out on the deck.

Alongside the Restaurant, positioned overlooking the river are two Chalets and two Park homes ,all very well serviced and tastefully furnished , these are very popular with fishing weekenders .It also has seven boat or caravan storage units alongside the lodge.

For the entrepreneur’s, there is a separate off sales outlet yielding a very good income which could double as a shop and it’s the only compliant liquor outlet in the area.

The recently refurbished, modern spacious face brick home is excellent. It is north facing set back a little from the business end, with 4Bedrooms, main en suite, lounge, kitchen and office. The home furnishing and personal belongings will be the only items removed on transfer.

The entire business and residential area is surrounded by a very good electric fence, remote gate etc. Outside of this area is about a hectare of land that has been planted to grafted pecan trees alongside an avenue of mature pecans giving a good return. The property has the Umgeni river frontage along its full extent.

The business provides an excellent sustainable return, near to the Albert falls and very rarely found in in that area. It comes LSB with, all equipment, licencing and goodwill.

This is a new and outstanding investment opportunity for the budding entrepreneur.

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Details

Updated on February 22, 2021 at 2:20 pm

  • Reference #: 1317214
  • Price: R4,500,000
  • Suburb / Town: New Hanover
  • Property Type: Guest House / Hotel

Additional Features

  • Mandate Price:total gross price

    Address

    1 Scott Street

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