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R18,950,000

58 Circular Drive

Monthly Bond Repayment R205,362.49
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R4,413

Top notch guest house with private home - great lifestyle business opportunity

SHARED MANDATE
Stunning 4-star guest house plus beautiful private 3 bedroom home located in Paradise, Knysna on the gorgeous Garden Route of South Africa.

Key features:

1. Accommodation: There are a total of 8 guest suites on the property, offering comfortable and well-catered stays for guests. Four of these suites are located within the main house and offer views of the lagoon, pool, and garden area, while the remaining four suites are cottage-style and provide unobstructed views.

2. Private Residence: Additionally, there is a private 3-bedroom, 3-bathroom home on the property, separate from the guest house. This dwelling could be used for family living or included in the guest house operation for additional income.

3. Solar System: The property has a newly installed fully fitted solar system with 20 solar panels, a 16KW inverter, and a 15KWH lithium iron battery to ensure uninterrupted power supply, especially during load shedding.

4. Security: The property is fenced and equipped with a network of security cameras. It features an automatic gate with an intercom system for access control.

Main Home:
• The owner's residence is conveniently connected to the reception area and the communal guest area.
• It includes an en-suite bedroom, an open-plan living area with a gas fireplace, a well-appointed kitchen, a sunny entertainment area, and more.
• The master bedroom has ample cupboard space, a full bathroom, and access to an undercover patio with stunning views.

Communal Guest Area:
• The communal guest area includes a breakfast room with breathtaking views, separate guest toilets, a lounge with TV, a fully equipped kitchen, a swimming pool with an entertainment firepit, and a timber toolshed.
• There are staff ablutions and a gathering area separate from the guests' area.

Guest Suites:
• All guest suites are en-suite, tastefully decorated, and well-equipped to cater to guests' needs.
• Four of the suites are located near the communal breakfast and swimming pool area, with three offering lagoon views and one garden-facing.
• The other four suites are slightly set back, each with a private patio and elevated views of the Knysna Lagoon.

Additional Information:
• The property has a single-phase 60 amp electricity supply with a prepaid electricity meter.
• The sale includes all moveable assets related to the guest house business (excluding artwork and some personal items).
• Furniture within the owner's private residence is not included in the sale.
• Detailed financial and occupancy figures are available to qualified purchasers only.

R18 950 000 includes VAT, all movable assets except personal effects as well as intellectual property

Features

11
11
Pets Allowed
Yes
Interior
Bedrooms
11
Bathrooms
11
Kitchens
2
Reception Rooms
4
Exterior
Security
Yes
Pool
Yes
Sizes
Floor Size
761m²
Land Size
3,651m²

Paradise, Knysna

The highly sought-after suburb of Paradise has picturesque surroundings, where the beautiful Knysna Loerie has been sighted regularly. It also has stunning views, and the area provides an unsurpassed seaside lifestyle for its residents. Paradise is close to town and a short walk from the shoreline, perfect for strolls and runs. Paradise has stunning modern freestanding family homes, guest houses, and...
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Disclaimer: While every effort will be made to ensure that the information contained within the Seeff Property Group website is accurate and up to date, Seeff Property Group 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

 

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Monthly Payment

205,362.49

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