499m² Bed & Breakfast For Sale in Glenwood

Mackaya Bella Guest House Description
If as the saying goes, a picture paints a thousand words then Mackaya Bella Guest
House must paint a million, check out the pictures and video to see for yourself.
This chique 4 star graded guest house in Glenwood Durban has it all plus more.
It comprises two adjoining properties cleverly with much thought and love woven
together into a top class Guesthouse ranked 3rd out of 329 accommodation venues in
Durban by Trip Advisor.
Spread over two levels the main guest house consists of 6 immaculate bedrooms with
ensuites, a kitchen and dining area with a spacious outside living area.
Added features include a separate self contained budget room with ensuite and
kitchenette.
A fully appointed laundry and staff room complete the compliment.
The second property comprises the owners residence complete with downstairs office,
a large self catering family room and another self catering budget guest room with
ensuite and kitchenette.
Bonus extras include a large swimming pool, 3 concealed jo jo tanks, CCTV cameras
and electric fencing, and two installed solar panels.
Occupancy levels post Covid, Riots, Floods even Eskom averages 50% and steadily
climbing back to pre Covid days of around 70% with a split of Corporate to Leisure
Clients of 90 / 10 and a 75% guest retention rate.
Impressive stats in my book !!!
This property makes so much sense for the canny investor / operator on so many
levels.
A very relevant one being that it is a registered company in its entirety therefore will not
attract transfer fees on the sale saving the purchaser more than R500k on transfer costs
alone plus added tax benefits.

Location
The property is located on the Southern end of the Berea in a quiet road opposite a
girls High School.
With 5 minute traveling times to UKZN Howard College Campus and Nelson Mandela
Medical School, St Augustine's / Entabeni and King Edward Hospitals.
15 minutes will get you to Durban CBD or the BeachFront.
The location also provides fair access to the N3 and N2 respectively via Spine Rd.
Should you be in the market for a profitable, sophisticated up market Guest House
venue be sure not to miss out on this Jewel in Crown and contact me soonest to