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R6,999,000

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

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Monthly Levy
R0.0
Monthly Rates
R2,858
Special Levy
R0.0

Own one of the most popular and well-situated businesses in town!

This popular restaurant, bar and guesthouse is in the market and looking for its new owners to continue with the success story.
Currently the owners are just operating the guesthouse side of the business and closed the restaurant side due to just wanting to take things slowly and resting after 9 years of having a successful restaurant.
The guesthouse comprises of 4 en-suite bedrooms with a communal lounge with a large fireplace and breakfast nook with doors opening onto the outside surrounding stoep area with a lush green garden. This guesthouse is a popular venue for intimate weddings, ceremonies, and private events in the courtyard area with a sparkling blue swimming pool and a Lapa with a built-in braai and bar area.
The restaurant is currently turned into the main residence that has a large front porch entering the lounge and entertainment area with a fireplace and built in bar. There is also an industrial kitchen and 2 en-suite bedrooms with a separate guest toilet. Upstairs is a large loft area that has versatile usage. The liquor license is in place and still and paid to date, should the new owner wish to continue and re-open the restaurant and bar fulltime.
This opportunity is a rare find with great potential and perfect location. This property also has a borehole and 2 title deeds.
Speak to our Seeff agent should you require more information.

DISCLAIMER
All descriptions advertised digitally or printed in regards to this property are the opinions of Seeff and their employees with any additional information advised by the seller. Properties must be viewed in order to come to your own conclusion and decisions. Although every effort is made to ensure measurements and information are correct, please check all dimensions and shapes before making any purchases or decisions reliant upon them. Please note that any services, appliances or heating or cooling systems have not been tested by Seeff and no warranty can be given or implied as to their working order.

Features

6
7
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
7
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
12
Security
Yes
Pool
Yes
Sizes
Land Size
2,498m²
Extras
Wooden Floors • Staircase Entrance Hall • Tiled Floors • Extractor Fan • Laundry • Stove • Oven & Hob • Garden Terrace • Communal • Courtyard • Strong Room • Auto Cleaning Equipment • Burglar Bars • 24 Hour Response • Alarm System • Creche • Built In Braai • Driveway • Open Plan Room • Borehole

Riebeek Kasteel, Riebeek Valley

Nestled amidst the verdant valleys and rolling hills of the Western Cape in South Africa, Riebeek Kasteel stands as a testament to both the region's rich history and its enduring natural beauty. This picturesque village, with its charming architecture, idyllic landscapes, and vibrant cultural heritage, offers a captivating retreat for all seeking an authentic and off-the-beaten-path experience. Riebeek Kasteel's...
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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:
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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

75,848.66

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