Elegant and Profitable Guest House for Sale

R 8,750,000

Can I afford this?
6 months ago86 views
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Description
Grace Properties proudly presents this elegant, stately and profitable guest house, in the heart of Waterkloof Ridge, Pretoria.

This distinguished establishment continues to run productively and profitably thanks to its perfect location, close the Pretoria business districts, embassies, Pretoria University and more.

There are 12 en-suite bedrooms, offering guests absolute tranquility, privacy and the convenience of latest technology. To top this off, guests are treated with breathtaking views Pretoria.
In addition to the 12 guest suites, is a self catering family suite.

Other features include:

Breakfast room
Dining room
Lounge
Well equipped professional kitchen
Patio area
Pool
Manicured gardens
2 x staff quarters
Laundry
Ample parking
The property is sold fully furnished.

There is a currently a 4 year lease in place, securing a R82 000 rental income per month for this period.

Rates And Taxes: 2262
Has Pool
Has Garden
Property Reference #: 2051183

Agent Details:
Angeline Changuion
Grace Properties
26 Olympus Country Estate, Boardwalk x13

Id Subtitle 1243476626
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Estimated monthly repaymentR 94,825
Total property loan amountR 8,750,000
Total interestR 14,007,849
Total repaymentR 22,757,849
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Grace Properties
Selling for 1 year
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