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R16,415,000

Portion 79 Farm 915 Tweefontein LS (Thatch Palace)

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LUCRATIVE AND ESTABLISHED BUSINESS AT THE RIGHT LOCATION - GOING CONCERN SALE

This property comprises of various income streams, e.g. supermarket, liquor store and butchery. In addition, there is a 34 roomed overnight accommodation facility (all with en-suite bathrooms), recreation facilities, including a pool, function hall and a bar.

The improvements are plastered and painted, the main commercial building under thatch roof and the accommodation wing under tile roof.
The property is situated along the R101, adjacent to the TOTAL Garage, close to the intersection with the N1 towards Louis Trichardt. This is a lucrative business opportunity, with the total gross income stream of about R14m per annum. Opportunities of this nature does not come around regularly, especially in the view that the buyer takes over the CC, including all assets and licenses (inventory of all assets will be provided to serious and qualified buyers).
Call today to secure a viewing of the property.

Features

6
50
Zoning:
Commercial
Interior
Air Conditioning
Yes
Exterior
Security
Yes
Sizes
Floor Size
3,000m²
Land Size
7Ha
Parking Bays
Covered Parking Bays
6
Open Parking Bays
50
Extras
Supermarket • Liquor Store • Butchery • Overnight Accommodation • Recreation Facilities • Bar • Function Hall • Air Conditioner • Burglar Bars • Alarm System

Tweefontein AH, Polokwane

As the capital of Limpopo, Polokwane is a major economic centre in the north of South Africa, with relatively close proximity to the Kruger National Park, as well as to the borders of Botswana and Zimbabwe. Formerly known as Pietersburg, it is a town known to provide a spectacular showcase of jacaranda and coral trees in springtime. Polokwane is well known as a hunting destination, and it was one of the host cities...
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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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

233,141.36

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