एषा here is, प्रसन्नसलिला pure water, शुभा auspicious, रम्या beautiful, गोदावरी Godavari, कदलीवृतः surrounded by banana plants, अगस्त्यस्य Agastya's, आश्रमश्चैव hermitage also, दृश्यते is seen

"Here is an auspicious, beautiful Godavari with pure water. Here is also seen the hermitage of Agastya surrounded by banana plants."