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R3,200,000

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R5,000 Excl. VAT

Calling All Cash Buyers.

Welcome to this great investment opportunity! This 12-bedroom guest house, strategically zoned for business, offers an unparalleled blend of comfort, convenience, and potential revenue generation.
Nestled in a prime location, this property boasts spacious accommodations, ensuring guests enjoy the utmost comfort during their stay.
With 12 parking bays on site .
Whether you're looking to capitalize on the thriving hospitality industry or seeking a lucrative rental income stream, this guest house promises exceptional returns.
Zoned Residential 6

To top it off, this turnkey investment includes all the furniture, making it effortless to start generating income from day one. Don't miss your chance to own a piece of paradise and embark on a lucrative venture in the hospitality sector. Schedule your viewing today and let this property unlock a world of possibilities for you!

Features

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0
Zoning:
Commercial
Exterior
Security
Yes
Sizes
Land Size
1,532m²
Extras
Secure Parking • Wooden Floors

Southernwood, East London

East London in the Eastern Cape is a vibrant area known for its rich cultural diversity, historic landmarks and thriving arts scene. The area is family-friendly and boasts a variety of property types. East London, fondly referred to as Buffalo City, offers a perfect blend of traditional values and relaxed charm, making it an ideal place to set roots. East London's airports/routes: travel...
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Disclaimer: While every representation will be made by Lew Geffen Sotheby's International Realty to ensure that the information contained within the website is accurate and up to date, makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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

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Monthly Payment

45,449.43

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