Suggested Opening Bid: R2 800 000
Exclusive Auction Mandate!
Nestled in the heart of Central Newcastle, this 9-bedroom guest house offers comfort, convenience, and excellent facilities. Perfectly located near hospitals, medical specialists, malls, parks, schools, crèches, and public transport, it is ideal for both guests and business visitors.
All bedrooms are furnished and serviced, each equipped with air conditioning and a small bar fridge. Guests can relax in the sitting room with TV and guest toilet, or enjoy meals in the large dining room with serving counters. On warmer days, the spacious outside verandah opens to a beautiful garden and sparkling swimming pool.
The property also provides self-catering facilities for tenants. It is frequently booked for office functions, training sessions, private events, and special meetings. Safety and convenience are ensured with an electronic gate, ample open parking, and secure fencing.
A rare opportunity to own a thriving, fully operational B&B in a prime Newcastle location.
Location: Central Newcastle
Bedrooms: 9
Facilities: Swimming pool, garden, dining areas, self-catering
Parking: Open parking for tenants and visitors
All offers are encouraged. Submit an offer to stop the auction - loan or cash. Easy process to register to bid at auction. Auction via Online Bidding on our Website. Viewings can be arranged.
The Seller has chosen to make use of our nationally proven Non-Distressed Auction Platform For Serious Sellers.
Full Finance Options Available
Offers Accepted prior to Auction Day
All property reports available on request
The seller has a Non-Disclosed Reserve Price
Seller to arrange compliance certificates and rates clearance certificate for buyer
Auctioneers fee is payable over and above the purchase price. Subject to confirmation.