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R4,395,000

Monthly Bond Repayment R46,869.58
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Charming Guest House: Your Income Generator or Extended Family Oasis

Joint Mandate

Introduction:
Welcome to this charming registered guest house, a versatile property that offers endless opportunities. Whether you're seeking an income generator or a perfect home for an extended family, this property is the ideal canvas for your dreams. Nestled in a serene neighborhood, this property is ready for a facelift and promises a comfortable and convenient lifestyle. Let's explore what this delightful property has to offer.

Cottage - 2 Bedrooms, 2 Bathrooms:
The heart of this property is the main section, featuring two spacious bedrooms and two bathrooms. This section provides ample space for a small family or couple, with cozy living areas and a welcoming atmosphere.

Additional Accommodations:
The true potential of this property shines through its additional accommodations, including three self-contained studio apartments and a generous two-bedroom flat. These units are perfect for generating rental income or accommodating extended family members. They have their own private entrances, ensuring privacy and convenience.

Income Generation:
Currently operating as a registered guest house, this property is set up for success in the hospitality industry. With the additional units, you have the opportunity to maximize your income potential. The ample parking available ensures convenience for both you and your guests.

Facelift Opportunities:
While this property is already charming, it's ripe for a facelift. With a little renovation and modernization, you can elevate its appeal and value. Imagine updating the interiors with contemporary finishes, landscaping the garden, and creating inviting outdoor spaces for relaxation and entertainment.

Location:
Situated in a tranquil neighborhood, this property offers a peaceful retreat from the hustle and bustle of city life. Yet, it's conveniently located near essential amenities, schools, shopping centers, and major transport routes, ensuring that your guests can enjoy both convenience and serenity.

Conclusion:
Whether you're an investor looking for an income generator or a family seeking a spacious home for extended living, this guest house property is a rare find. Its main section provides comfort, and the additional accommodations offer income potential. With a facelift, this property can truly shine. Don't miss the chance to make this charming guest house your own, where endless opportunities await. Contact us today to schedule a viewing and explore the potential of this remarkable property.

Features

8
7
1
Pets Allowed
Yes
Interior
Bedrooms
8
Bathrooms
7
Kitchens
5
Reception Rooms
3
Exterior
Garages
1
Carports / Parkings
6
Security
Yes
Sizes
Land Size
1,015m²
Extras
Borehole

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

46,869.58

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