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30 Bedroom Hotel For Sale in Port St Johns Rural

R16,000,000


Monthly Bond Repayment R170,628.74
Calculated over 20 years at 11.5% with no deposit.

Web Ref No SIR109410

MAGNIFICENT JEWEL OF THE TRANSKEI.

Nestled on the banks of the Umzimbuvu river lies one of the Jewels of the Wild Coast the magnificent Cremorne Estate, which offers 4 distinctly different accommodation options:-

1. Bed & Breakfast Rooms (14 rooms): For a little bit of Wild Coast hospitality, offering cosy timber cabins with en-suite facilities.

2. Fully Equipped Self Catering Units(6 rooms): For the “do it yourself” holiday maker, offering fully equipped and serviced luxury self-catering cottages.

3. Caravan & Camping Facilities (10 sites): For the outdoor type, offering caravan and camping sites that are fully serviced with water and electricity.

4. Fisherman’s Cottage (11 cottages): For the avid fisherman.

The Cremorne Estate is paradise where you kick off your shoes and connect with nature and the ocean. The 30 room Estate is totally fenced, secure, fully licensed, has a cosy pub, 52 seater a la carte restaurant with pizza oven producing delicious pizzas, 132 kva 3 phase generator, underground drinking well connected to municipal water, 10 staff quarters, housekeeping office, store room, walk in cold room, security hut, spaza, garage, helipad, jetty, slipway and pool.

Port St Johns is the centre of tourism on the Wild Coast. It is famous for its 3 bathing beaches, deep sea fishing, rock and surf angling. Port St Johns has an airstrip on top of Mount Thesiger and nearby is the Pondoland Park being a national forested park area measuring 500km². The annual “Sardine Run” attracts divers, photographers and oceanographers from all over the world. Cremorne also hosts the annual “Grunter Classic” which attracts anglers from all over South Africa.

Port St Johns town has a population of approximately 6 500 people. It is situated at the mouth of the Mighty Umzimvubu river, 300 km northeast of East London and 100 km from Mthatha. Boasting some of the most beautiful nature scenery in the country. The Mighty Umzimvubu river flowing through an impressive gorge known as the “Gates of St Johns” into an estuary located on the Indian Ocean. On both sides of the river ravine are high sandstone mountain peaks. Mount Thesiger (342m above sea level) and Mount Sullivan (304m above sea level).

Features

Bedrooms 30
Security Yes
Bathrooms 28
Recep. Rooms 28
Dom. Accom. 2
Floor Size 4,500m²
Land Size 6Ha
Carports/Parkings 28
Pool Yes
Pets Allowed Yes
Monthly Rates R17,752.00
Extras

Hotel
Holiday Resort
Riverfrontage
Staff Quarters Domestic Rooms
Secure Parking
Double Bed
Deck
Jetty
Single Bed

Agent Contact Details

Lofty Nel
Principal Property Practitioner
Registered with PPRA
(FFC 202 322 370 1)

Cell 082 774 5417
Office (043) 7260111
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