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R14,995,000

Monthly Bond Repayment R162,501.87
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R3,573

Idyllic Guest House - Lifestyle Property with Substantial Income & Opportunity

Standing on the banks of the Berg River, with spacious grounds and stunning views, this award winning 4* guest house has been successfully operating since 2005.

The property extends to just under 2ha in size in which several purpose built and beautifully decorated buildings are located. These buildings are;

The main house has a huge show kitchen with double veranda, a large living room, 2 large en-suite bedrooms one with a balcony. Outside there is a separate stoep and a private pool.

A breakfast/conference room with its own commercial kitchen and guest toilets. To the rear is a 2 room self-catering apartment, which is currently being used as a spa treatment room, and a large laundry room.

The first set of guest rooms, built around a huge covered stoep, overlooking the giant guest swimming pool and the vineyards beyond. There are 3 double rooms (all en-suite) and then 2 family suites, each suite having 2 bedrooms, a shower room, hallway and separate toilet.

The second block of guest rooms can either be let as a 3 bedroom, 3 bathroom self catering cottage, or as 3 further double rooms, all en-suite, and each with its own entrance. It also overlooks the pool and vineyards.

The guest pool has a tanning deck, a jacuzzi, and a bar.

There are several paths and open spaces for the guests to wander around and even a giant adult swing. There is space for additional accommodation to be built if required.

(Price EXCLUDES VAT but should quality for a zero rated VAT transaction since the property is being sold as a going concern)

Features

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Sizes
Land Size
19,186m²

Wellington West, Wellington

Wellington is located within the Western Cape province of South Africa and is known for its educational institutions, which stemmed from Scottish and American influence. In addition to its delectable cuisine and delightful properties, the town offers residents a remarkable heritage of historic buildings and architectural gems to explore. Nature enthusiasts will find joy in Wellington's abundant fynbos hiking trails,...
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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

 

LOAN AVAILABLE

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Monthly Payment

162,501.87

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