11 Bedroom Guest House For Sale in Milnerton Central
R18,500,000
Monthly Bond Repayment R197,289.48
Calculated over 20 years at 11.5% with no deposit.
Web Ref No RL91504
Beautiful 11 bedroom Guest Manor on 4000 sqm of land
This beautiful old world guest manor is nestled on nearly 4000sqm of land. It's an oasis of tranquillity with sprawling lawns and a lush subtropical palm lined garden with a generous sized pool. The outdoor area includes a large patio for alfresco dining or entertaining and offers uninterrupted views of Table Mountain, Lions head and surrounds, as well as a direct view onto the Milnerton Lagoon and golf course
This extraordinary property comprises of an original manor house with three bedrooms and two bathrooms, a large kitchen, laundry and walk in pantry, a spacious dining hall with a period piece stone fireplace, and a separate bar area that overlooks the lush gardens. An original coat room and a separate lounge with teak panelled walls offer a glimpse into a bygone era of relaxed sophistication. All the rooms and living spaces are interconnected by a hallway running the length of the manor house, with arched supports. A separate staff bathroom with its own entrance can also be found attached to the main house.
The guest accommodation comprises of 8 en-suite bedrooms. One bedroom is attached to the main house with a separate entrance and the remaining seven rooms are housed in three cottages, each with their own entrance. The three outbuildings are all designed to complement the architecture and thatched roofing of the main manor house
The property provides secure onsite parking for 15 cars with easy in and out access through four automated driveway gates. Two gates provide access to the main entrance parking, the third provides access to the guest rooms at the far end of the property and a fourth provides parking space for deliveries at the back of the main house.
This is an extraordinary property and has to be seen to be fully appreciated. It is currently running as a fully operational star graded guest house with an average annual occupancy of 75% (pre covid). The property offers a fantastic business opportunity to take over the current operation or develop part of the land further. The property could also easily be used as a wellness centre/spa or a home for an extended family with potential for subdivision.
The Guest manor is located within walking distance to the Milnerton golf course and local beaches, and offers easy access to the city centre, Cape Town International Airport, the Northern kite beaches, medical facilities and the renowned Century City Shopping Mall.