R 6 950 000 | Commercial Property for Sale in Ifafa Beach

Elysium, Ifafa Beach

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Erf Size: 3 187 m²

A Perfect Hotel / Backpackers / Retail in Ifafa With Ocean Views!

This property is situated near the beachfront of the popular Ifafa Beach village, this commercial property with stunning ocean views is up for grabs. Over 100 years old, the hotel needs some TLC, it has a bottle store, ladies bar, and plenty of other spaces ideal for dining area, conference room etc. It has a kitchen as well as 21 bedrooms and 21 bathrooms, currently being used as overnight or backpacker’s accommodation. Plus there is the owner’s residence which has large spaces, a deck and amazing view. Priced at R6, 950,000 for the entire operation showing reasonable returns.

One has the option of purchasing the property across the road which houses a superette, post office and a 3 bedroom home, all on 1,200m2 of light commercial property, for only another R2, 950,000.

Please call me for more information!