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R2,895,000

Monthly Bond Repayment R31,373.32
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R4,100

Three Bedroom Home with Six Additional Rooms

Discover a great opportunity to own a thriving guest house in a prime location. This exceptional property offers a main house with 3 bedrooms, 2 bathrooms, a lounge, and a fully equipped kitchen. Nestled on a large corner stand, it also features 6 self-catering flats with bathrooms, all furnished with TVs for added comfort. Three of the flats are equipped with refrigerators.

Additionally, there is a separate and spacious 2-bedroom flat, providing even more accommodation options. The guest house boasts a fantastic location, conveniently close to all amenities, ensuring a steady stream of potential guests.

This lucrative investment comes fully furnished, including all furniture and linen, allowing you to hit the ground running. The property offers ample undercover parking for guests, ensuring their convenience and satisfaction during their stay.

Moreover, the large stand provides an excellent opportunity for expansion. You have the potential to add more rooms or enhance the existing facilities, further capitalizing on the thriving guest house industry.

Don't miss out on this remarkable chance to own a successful guest house in an ideal location. Whether you're an experienced investor or looking to enter the hospitality industry, this property offers both immediate profitability and long-term potential. Contact us now to schedule a viewing and seize this incredible opportunity. Act fast, as properties of this calibre are in high demand!

Features

3
2
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
6
Security
Yes
Flatlet
1
Sizes
Floor Size
175m²
Land Size
1,098m²
Extras
Built in Wardrobes • Burglar Bars • Carpets • Curtain Rails • Driveway • Garden • Satellite Dish • Security Gate • TV Port • Tiled Floors • Totally Fenced • Dishwasher Connection • Wendy House

Secunda, Secunda

This Mpumalanga town is a prominent industrial and commercial centre. Surrounded by coalfields, Secunda's horizon is framed by massive cooling towers, high chimneys and steel constructions. Although fairly new, it has quickly become a great investment opportunity. Secunda is about an hour and a half away from Johannesburg. The town, however, boasts many city-like amenities and features which make it a desirable...
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In the news

Selling property during Lockdown
Despite the challenges of the Covid-19 Lockdown, Seeff’s agents continue concluding offers to purchase with many deals already finalised and taking many new mandates. Buyers are keen to take advantage of the low interest...
 
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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

 

LOAN AVAILABLE

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Monthly Payment

31,373.32

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