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Run as is, or develop a small exclusive, sectional title
R 5,950,000
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2 years ago386 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Other
Bedrooms (#):6+
Bathrooms (#):4+
Parking:Covered
Description
The guest house for sale is situated in a secure quiet street in little know suburb in Pretoria. With excellent access to highways and other suburbs. 2.5km from the CSIR, 4.9 km to the N1, and 6.9km to the Hatfield Gautrain Station.
At the price it comes fully equipped and furnished, including a generator, uncapped WIFI, water tank, and gas geysers installed for all water heating, saving on utilities.
Fully equipped kitchen ready for bed and breakfast, dining lounge, patio with braai facilities in a tranquil garden, with amazing birdlife and a large pool. Well-equipped laundry, which services the 11 rooms.
There is a steady, repeat clientele for which the guest house is their favored bed and breakfast when residing in Pretoria. The guest house has a very comfortable homely feel but is eclectic and elegantly decorated. It is listed on the government's preferred supplier.
11 rooms are all large with uncapped wifi, fitted with bar fridges, kettles, microwaves, and smart TV with Netflix. All the rooms are colorful and beautifully decorated with individual flair. 2 of the rooms have full kitchens and can be rented out as fully furnished bachelors. 5 of the rooms are currently left as permanent stay accommodation, bringing in a stable income.
There are 2 permanently employed staff and one part-time staffer. There is available accommodation for the staff to reside on the premises if necessary.
The property has approved plans for a sectional title for 3 to 4 luxury 2 bed, 2-bathroom units. The plans have been approved. So, they may be sold off separately. Please see the plans in the pictures.
Each unit will have 2 undercover parking bays and will range in size from 109 to 130m2. The one unit can remain as is, 2 bachelor flats bring in 2 rental incomes.
Electricity is prepaid, and pre-paid meters can be installed for the separate units.
This is a unique opportunity for business.
Has Pool
Property Reference #: RL116
Agent Details:
Kate Homer
Galway Properties
486 Jacqueline Dr
Garsfontei
Pretoria
0042
At the price it comes fully equipped and furnished, including a generator, uncapped WIFI, water tank, and gas geysers installed for all water heating, saving on utilities.
Fully equipped kitchen ready for bed and breakfast, dining lounge, patio with braai facilities in a tranquil garden, with amazing birdlife and a large pool. Well-equipped laundry, which services the 11 rooms.
There is a steady, repeat clientele for which the guest house is their favored bed and breakfast when residing in Pretoria. The guest house has a very comfortable homely feel but is eclectic and elegantly decorated. It is listed on the government's preferred supplier.
11 rooms are all large with uncapped wifi, fitted with bar fridges, kettles, microwaves, and smart TV with Netflix. All the rooms are colorful and beautifully decorated with individual flair. 2 of the rooms have full kitchens and can be rented out as fully furnished bachelors. 5 of the rooms are currently left as permanent stay accommodation, bringing in a stable income.
There are 2 permanently employed staff and one part-time staffer. There is available accommodation for the staff to reside on the premises if necessary.
The property has approved plans for a sectional title for 3 to 4 luxury 2 bed, 2-bathroom units. The plans have been approved. So, they may be sold off separately. Please see the plans in the pictures.
Each unit will have 2 undercover parking bays and will range in size from 109 to 130m2. The one unit can remain as is, 2 bachelor flats bring in 2 rental incomes.
Electricity is prepaid, and pre-paid meters can be installed for the separate units.
This is a unique opportunity for business.
Has Pool
Property Reference #: RL116
Agent Details:
Kate Homer
Galway Properties
486 Jacqueline Dr
Garsfontei
Pretoria
0042
Id Subtitle 1094497600
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Estimated monthly repaymentR 64,481
Total property loan amountR 5,950,000
Total interestR 9,525,337
Total repaymentR 15,475,337
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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Galway Properties
Selling for 2+ years
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