SHOWING LISTING 1 OF 1
 
GET EMAIL
ALERTS

R11,575,000

Monthly Bond Repayment R111,701.26
Calculated over 20 years at 10.0% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R1,261

Guest House and Cottages for sale

Established guest house and 17 fully let apartments for sale in Potchefstroom.

This is an owner operated guesthouse and they also live on the property. With a bit of focus and time, a new owner can easily increase the occupancy rate and profitability. The possibilities with this property are endless.

Cottages information / Permanet Rentals

Completely separate from the guest house, you will find approximately 4000 sqm of land. This tranquil area has been created for the apartments that generate the monthly rental income. Carports are situated nearby, for the convenience of the tenants.

The seller has been successfully renting out these 17 income generating apartments since 2002.


Guest House information

Reception room
7 Rooms
7 Bathrooms
Kitchen with separate scullery and laundry area
Huge breakfast and dining area
Open plan dining area with lounge and tv room
Veranda
Pool
Conference room and/or restaurant with fully equipped kitchen (liquor license this is also up for sale but will be a separate agreement)
Double garage
Walk-in cold storage


Seller is willing to disclose full financials of this operation at a sit-down meeting. Plus-minus R50,000.00 rental income from the apartments and R30,000.00 from the guest house.

Adjacent to this guest house is another property. This will be sold separately from the guest house.
This property could potentially be a venue for weddings or functions. This will be the ideal situation for these two properties

The property is sold without furnishings

Features

24
24
2
Pets Allowed
Yes
Interior
Bedrooms
24
Bathrooms
24
Kitchens
1
Reception Rooms
3
Studies
1
Exterior
Garages
2
Carports / Parkings
20
Security
Yes
Flatlet
17
Domestic Accommodation
1
Pool
Yes
Sizes
Floor Size
850m²
Land Size
6,000m²
 
  • 1
 

Get Email Alerts

Sign-up and receive Property Email Alerts of Guest Houses for sale in Potchefstroom Central, Potchefstroom.

Disclaimer: While every effort will be made to ensure that the information contained within the SA National Realtors Group website is accurate and up to date, SA National Realtors 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.

R
R

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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

111,701.26

You currently have no favourites.
Click on the favourite icon for a property to add it to your favourites.