Still yearning for a move to the Cape countryside but not sure how you might fare economically? Why not consider investing in a guest house?
This well-known and popular 4-star rated guest house with a large restaurant sits on the main tourist route in Swellendam. The land is 4 231sqm in extent and the property includes an established garden with large trees and water. It is selling for R5.5 million - click here to view.Val Anderton from Seeff Swellendam says guest houses are just one component of the growing tourism sector that is now a notable contributor to the Overberg economy and drawing property buyers from urban areas to the countryside.
The Overberg region stretches from just outside Cape Town inland to Barrydale and down along the coast as far as Witsand. It has become a popular tourist region that attracts visitors from across the globe to the scenic landscapes, many quaint villages and wide range of attractions - from wine routes to nature trails.
“This, in turn, has opened excellent opportunities for buyers to invest in a country lifestyle while still being able to make a living here,” says Anderton.
“One of the towns that is growing in popularity with tourists is Swellendam. It is about two-and-a-half hour’s drive from Cape Town, and is also a popular stop-over point on the N2 on the way from Cape Town to the Garden Route, thus adding to its tourism appeal.”
Anderton says the location at the foot of the Langeberg Mountains makes it particularly scenic. As the third oldest town in the country, it has a treasure of historic sites, including the Drostdy Museum that houses an amazing collection of late 18th and 19th century Cape furniture.
The guesthouse includes six guest suites situated in the garden, along with an owners’ cottage with one bedroom and bathroom, a spacious lounge and kitchen.Among the many attractions of the area that draws visitors are two national parks, the Bontebok National Park and Marloth Nature Reserve.
“Then, there is also the clean air, no stress and beautiful scenery that visitors so enjoy - from walks and cycling to horse riding trails,” she says.
One of the best investments to look at tends to be an existing guest house that has a good track record, says Anderton.
She says one such an opportunity has come onto the market.
“It is a well-known and popular 4-star rated guest house with a large restaurant that sits on the main tourist route,” says Anderton.
The land is 4 231sqm in extent and the property includes an established garden with large trees and water.
“This is indeed excellent value for money - and a rare investment opportunity. The property includes a fully-equipped restaurant that can accommodate 40 guests inside and a further 120 in the outdoor area, which includes a partially covered area,” says Anderton.
The property includes a fully-equipped restaurant that can accommodate 40 guests inside and a further 120 in the outdoor area.“There are six guest suites situated in the garden, along with an owners’ cottage with one bedroom and bathroom, a spacious lounge and kitchen.”
She says there is also plenty of secure parking on site.
The property is well maintained and the buildings are in an attractive Cape vernacular style with sash windows and verandahs.
Anderton says the establishment has been in operation for some 20 years, and has a strong track record. It is being sold as a going concern at an asking price of R5.5 million.
A full inventory and audited financial statements are available on request.
To view the property, click here.
