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R5,990,000

Monthly Bond Repayment R57,804.80
Calculated over 20 years at 10% with no deposit. Change Assumptions

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Monthly Rates
R1,500

Guest House

Calling all Investors! Make an Offer!!!
This Guest House has been developed to provide a high level of comfort and privacy. At the same time a conscious effort has been made to retain the character of the property. This means that the property has not been over-developed, therefore retaining and enhancing the feeling of a country residence. This is of particular relevance to guests who wish to stay with us for extended periods.
Classical Cape Dutch architecture, high wooden ceilings, queen-sized beds, armchairs, individually styled rooms, a residents lounge and stoep, and tranquil gardens serve to make the Guest House unique.
The guests are provided with good comfortable accommodation and a high level of service.
The Guest House has 4 bedrooms and 2 self-catering units, which have fully equipped kitchens, all are en-suite with private entrances. The bedrooms are situated in the old farm house, One room has a walled private garden. There are 2 Flats, one 2 bedroomed, and one 1 bedroom. Underfloor heating in all the bedrooms and bathrooms
The dining room has a nice cosy fireplace and the residents lounge are situated next to the pool and are totally separate from the accommodation. All the bedrooms have DSTV and flat screen tv's.The kitchen has a walk in pantry and gas stove.
It is situated on the remaining portion of a farm and the bedrooms are in the converted farmhouse. The property also has some historical appeal.The residents lounge is situated in the building that was originally Schull's trading store. Constructed in 1906, the store stood in front of the original farmhouse. The building unofficially served as Rivonia's first post office until 1912. A later owner, Mr Miller also provided a taxi service to the residents of this old farming area. Some older residents of Rivonia still refer to this building as 'the old post office building'. The original building was lovingly restored and tastefully renovated with new wiring, plumbing and roof. There is potential for further development on the property.

Features

9
9
2
Interior
Bedrooms
9
Bathrooms
9
Kitchens
5
Reception Rooms
2
Studies
1
Exterior
Garages
2
Carports / Parkings
9
Security
Yes
Flatlet
2
Domestic Accommodation
1
Pool
Yes
Views
Yes
Sizes
Floor Size
720m²
Land Size
2,870m²
Extras
This in an income producing 4 Star Guesthouse with 80 percent occupancy
 
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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.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Vat @ 15%
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Exclusive Use
Fica
Deeds Office Search
Electronic Document Preparation
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
Vat 15%
Deeds Office Levy
Postage and Petties
Insurance Certificate
Bank Electronic Connection Fee
NCA Fee
Electronic Document Preperation
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

R
%

Monthly Payment

57,804.80

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