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Country Resort, 1 Green Fountain, Port Alfred

R7,900,000

  • Country Resort, 1 Green Fountain
  • Country Resort, 1 Green Fountain
  • Country Resort, 1 Green Fountain
  • Country Resort, 1 Green Fountain
  • Country Resort, 1 Green Fountain
  • Country Resort, 1 Green Fountain
  • Country Resort, 1 Green Fountain
  • Country Resort, 1 Green Fountain
  • Country Resort, 1 Green Fountain
  • Country Resort, 1 Green Fountain
  • Country Resort, 1 Green Fountain
  • Country Resort, 1 Green Fountain
  • Country Resort, 1 Green Fountain
  • Country Resort, 1 Green Fountain
  • Country Resort, 1 Green Fountain
  • Country Resort, 1 Green Fountain
  • Country Resort, 1 Green Fountain

Property Ref: 124


Category: HotelDining Areas: 8Living Areas: 8Land (m2): 61,687Floor (m2): 2,762Rates & Taxes: R2500 pmCarports: 8

Beautiful country resort 7km outside of Port Alfred, off the main road (R72) to East London. The resort is located within a game farm, which creates a magical bush experience, and yet is less than 1km to the beach.

The resort is substantial.  Included in the price are 8 self-catering luxury villas (5 x 3-bedroom, 3-bathroom; 3 x 2-bedroom, 2-bathroom), each of which has a kitchen, lounge, covered patio braai, deck and, usually, covered parking.  The 3-bedroom villas are approximately 200sqm and the 2-bedroom villas are 160sm.

There is an upmarket caravan park of 48 stands, each of which has its own private ablution block (bath, shower, toilet, basin, washup area, plus electricity). The caravan park with the residence for the manager can be sold separately for R4m.

There is also a residence for a manager (314sqm) on the property.

The resort is easily accessible from Port Alfred, East London and Grahamstown.

The resort property itself is in a sectional title scheme, with another 16 luxury villas (4 x 4-bedroom, 9 x 3-bedroom, 3 x 2-bedroom) being privately owned - most of which have been made available to the rental pool.  There is a servitude over the game farm to reach the resort from the main tarred road (R72).  The resort is being sold fully furnished and stocked as a viable going concern. The asking price is based on conservatively-valued tangible asset value and excludes any value for intangibles such as goodwill.

The owners have run the resort for the last 10 years and now want to retire.

GPS: -33.5562,26.9681

what3words: beachgoers.hilariously.sightsee

Please call or email now toview this fabulous resort.


General Features

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Call us on

0860 9940 90 (National)
021 100 0025

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