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R6,999,000

9 Bolton Street

Monthly Bond Repayment R75,848.66
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R7,597

GUEST HOUSE - EXOTIC TROPICAL ESCAPE

EXCLUSIVE SOLE MANDATE:

From the minute you step onto the decked pathways meandering through the mystical bamboo forest that envelops this 3-star guest house you will feel as if you have been transported into a tropical Balinese paradise. It is hard to believe that this serene oasis is situated in the heart of Hunter’s Home, Knysna, jewel of South Africa’s Garden Route.

Knysna is well known for its natural beauty, with stunning coastal views, lush forests, and abundant birdlife, making it a perfect location for anyone who loves the outdoors. Visitors can enjoy a range of activities such as hiking, mountain biking, kayaking, and whale watching.

This is a superb business opportunity with a lot of potential to increase occupancies. Currently catering to the 3-star market, attracting both domestic (business & leisure) and international guests, solo travellers, families, school groups and larger tour groups as well as back packers it offers a balance between affordability and comfort.

There are 15 accommodation units sleeping up to 40 guests. Some units offer self-catering facilities and are suitable for long stay rentals as well. There is also 1 unit which offers dormitory style backpackers’ accommodation. The spacious 2-bedroom owner’s flat is a great advantage for those who want to live on the property while running the business.

The two swimming pools, open decks, 60 seater restaurant, and bar area are attractive amenities that will provide guests with a comfortable and enjoyable stay. The restaurant and bar area are also a great opportunity to generate additional income from guests who choose to dine on the property.
There is ample parking and space for larger vehicles with trailers plus the peace of mind of having a strong borehole on the property and 10 rainwater tanks plus lots of storage space.

There is a very popular Thai massage studio operating from the property which provides an additional revenue stream. However, it is important for potential buyers to note that the furniture and equipment for the massage studio are not included in the selling price.
The property is VAT registered therefore no transfer duties are payable. It is being sold as a going concern. All fixtures and fittings, intellectual property and forward bookings are included in the selling price.

This is a property that really needs to be seen to be appreciated and realize the full potential that it has to offer.

To experience this property please contact me.

Features

17
18
Pets Allowed
Yes
Interior
Bedrooms
17
Bathrooms
18
Kitchens
1
Reception Rooms
3
Exterior
Carports / Parkings
3
Pool
Yes
Sizes
Floor Size
1,022m²
Land Size
4,192m²

Hunters Home, Knysna

Knysna is a town situated within the Western Cape province of South Africa and is part of the sought-after Garden Route. The lush and leafy town offers a family-friendly appeal with gorgeous views of the waterfront and a variety of property types including apartments, townhouses and freestanding homes, making it an ideal place to live for anyone of all ages. A brief history of the area Archaeological...
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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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MONTHLY REPAYMENTS

 

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Monthly Payment

75,848.66

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