R 8 400 000
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Commercial space in East Bank

9 12 2 748 m²

Ideal investment opportunity with this established and upmarket 4-star Guest House . Upmarket, unique and established, and deserving of it''s 4 star rating, The Lookout Guest House is pristine and beautifully cared for. Perched at the top of Park Road, The Lookout lives up to it''s name with splendid views over the Marina, the Kowie River, the small boat Harbour and the ocean in the distance.

This Guest House comprises of 2 properties, each with a communal pool and 3 self-catering units. The larger of the 2 properties offers spacious accommodation for owners/management by way of a second floor section complete with kitchen and lounge and a large portion of the splendid views.

A third plot is home to the well manicured gardens, along with 3 garages and a newly renovated garden unit. A total of 26 people can be accommodated and the current owners lounge would make for a spectacular restaurant. Provision has been made for ample fresh water storage and the Guest House sports a covered bar area with firepit, a separate laundry and sufficient off street parking to cater for guests. Two of the units are wheel chair friendly. The property is enclosed with palisade fencing and CCTV cameras offer additional security.

The Lookout has been exceptional in its service and has been awarded a Certificate of Excellence as well as a #2 rating by Trip Advisor. Pricing includes the business and contents.

With it''s unique position, stunning views and pristine accommodation, The Lookout is an investment well worth exploring.

Property details

  • Listing number T4291536
  • Property type Commercial
  • Listing date 14 Aug 2023
  • Land size 2 748 m²
  • Rates and taxes R 4 004

Property features

  • Bedrooms 9
  • Bathrooms 12

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