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Guest house for sale with separate residency in upper Arbor park

Price includes commission.
This long running, well established guest house is located on 3 separate Erven totaling 4800m².
It is within walking distance to the Newcastle Mall and is in close proximity to the N11 resulting in high visibility on the main road into Newcastle.
Sad Seller has decided to relocate and selling the business and properties as a going concern.

The Guest house is managed from the Residency which offers 3 x bedrooms with BIC’s with walk-in closet, 3 x bathrooms, lounge, dining room, family room, linen store, kitchen with a scullery and laundry and study/reception.
Outbuildings comprise 2 x store rooms, workshop, domestic room with bathroom
and a double garage and double carport. A large pool with built-in braai completes this
home.
The residence is surrounded by an established ''Jurassic garden'' abounding with cycads, tree
ferns and other exotic flora.

The guest house portion of the property is located on 2 separate Erven, the first section is located next
to the residency, and offers 11 x rooms, each with an en-suite bathroom, plus separate bathroom, coffee station, fridge, TV and Wi-Fi facility, kitchen and scullery, dining room and lounge all for the guests use. There are 8 x shade ports, 3 x gazebo’s, one with a built-in braai, communal braai area and an open verandah.

The second section of the guest house is located directly across the road and is used as an
overflow when the main rooms are all occupied.
It comprises a single storey dwelling which has been partly changed, 5 en-suite rooms with the same facilities as the first 11. There is a lounge with reception area, dining room, kitchen and a large verandah at the rear. It should be noted that this building could also be used as a residential dwelling. There is a single garage at the front of the building, and an enclosed parking area for the guests. The garden is landscaped, and there is a large pool, change rooms, and showers for the guests use.

Other extras include air conditioning, electric and gas geysers, irrigation system for the gardens, a borehole, garden shed and Wendy houses, JoJo tanks and remote electric motor gated with intercom complete the picture.

All the equipment, furniture and linen of the 16 rooms and the 2 guest houses is included in the sale. A full inventory will be available on request.

Call me for an exclusive viewing.
The information herein is correct to the best of our knowledge as provided by various parties, however errors and omissions excepted.

Features

19
20
3
Pets Allowed
Yes
Interior
Bedrooms
19
Bathrooms
20
Kitchens
3
Reception Rooms
6
Studies
1
Exterior
Garages
3
Carports / Parkings
8
Security
Yes
Pool
Yes
Sizes
Land Size
4,200m²

Arborpark, Newcastle

Tucked into the foothills of the Drakensberg Mountains escarpment, Newcastle is a town of beauty, culture and industry. Once a rural town, it's transformed into a thriving industrial, agricultural and commercial hub. Unsurprisingly, Newcastle was a 2015 finalist in the Kwêla Town of the Year competition. If you're looking for a country vibe with all the perks of modern living, Newcastle is the place to put...
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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

 

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Monthly Payment

117,148.73

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