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R22,000,000

Monthly Bond Repayment R234,614.52
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R6,500

Upmarket, Well Established B&B for Sale

This amazing income generating bed and breakfast situated in the upmarket suburb of Glenashley is up for sale. A great opportunity to own this beautiful property with all furniture and fittings included

There is a 3 bedroom house with 2 bathrooms, fully fitted kitchen, open plan lounge and dining room. Fully tiled. You can also find a separate 3 room maids quarters, storage room, laundry and a water tank. Parking for 12 cars.

13 self catering, en-suite rooms
70 seater conference centre with bar
30 seater breakfast area
Solar and electric Heated pool
Kids tree house and play area
Garden and Braai area
Pool and outside bar counter
Gym and tv lounge
In house Laundry
3 bedroom main house with all furniture and equipment
Braai Shak franchise worth 400K
2023 staria
Mercedes s350

Long term rentals
4 rooms at R55600
9 rooms at R850 per night fully booked all year
These prices escalates seasonally

Features

10
10
Interior
Bedrooms
10
Bathrooms
10
Kitchens
1
Reception Rooms
3
Furnished
Exterior
Carports / Parkings
10
Security
Yes
Flatlet
1
Domestic Accommodation
3
Pool
Yes
Sizes
Land Size
1,016m²
Extras
Dining in building • Air Conditioner • Bath Toiletand Basin • En Suite • Freestanding • Secure Parking • Lighting • Double Storey

Glenashley, Durban North

Durban North at a glance The Durban North community is ever growing and this is why you should become part of this transforming community too. It is not just the stunning homes, but the growth of the entertainment and food industry in the area. The area is becoming well known for opening up some of Durban’s favourites. Moving a family to Durban North means knowing what school you will be sending your...
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In the news

BUOYANT PROPERTY MARKET IN GLENASHLEY
Proving that old school is cool, is the popularity of Durban North suburb Glenashley with its large properties and traditionally-built houses, many of which have been recently modernised. The area is well established with good...
 
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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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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%

Monthly Payment

234,614.52

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