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R10,500,000

Monthly Bond Repayment R108,379.78
Calculated over 20 years at 11% with no deposit. Change Assumptions

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Monthly Rates
R4,803

Fully furnished and equipped 17 room Guest House for sale in Magaliessig

Set on a 4000m2 piece of land in the heart of Fourways, one of the fastest growing nodes in South Africa. This is a prime income generating property and is the perfect investment! The FOUR STAR guesthouse boasts 22 rooms (all en-suite), 3 sparkling swimming pools, a beautiful indoor and outdoor restaurant area as well as space to have a yoga studio and spa.

The rooms vary in size and style. Some rooms have a built-in kitchenette, a lounge area and en-suite bathroom, whilst others only have an en-suite bathroom.

The communal areas of the guest house include:
• Reception area
• 2 lounge areas
• Breakfast room
• 2 kitchens
• Indoor bar area
• Laundry area
• Outdoor restaurant / pub area with a liquor license

The guesthouse also brings in additional income through the Pilates Studio, Spa and 2 cell towers on the property.

Magaliessig is in the heart of Fourways and centrally located to all business hubs. There are plenty of conference centres, restaurants, and teambuilding activities. Close to all major highways and roads.

Features

17
0
Interior
Bedrooms
17
Sizes
Floor Size
1,415m²
Land Size
4,000m²

Magaliessig, Sandton

Nestled in the heart of Johannesburg's northern suburbs, Sandton is a glittering gem that sparkles with urban sophistication. Known as the "richest square mile in Africa", the area has vast appeal whether you're a family, professional, retiree, or foreign investor. Sandton is where high-end fashion meets fine dining and where world-class business ventures blend seamlessly with an electrifying nightlife. This...
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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:

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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

108,379.78

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