Exquisite Upmarket Living inthis stunning hotel.

R 16,400,000

Can I afford this?
8 months ago106 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):2
Description
This property is situated on the Vaal River with an approximately 160m wide riverfront. Access to the property is mostly by good road system with the last half a kilometer on a good gravel road. Vanderbijlpark Central Business District is approximately 15 km to the east. Parys approximately 60km to the west, Vereeniging approximately 30km to the east, and Johannesburg approximately 70km to the north.

The property is utilized as a Hotel with two conference facilities and a day spa. The hotel consists of a main building with the following facilities:
• reception area
• restaurant
• function room with bar
• large veranda with beautiful views of the river
• day spa
• kitchen with a storeroom and wash-up area
• 2 deluxe bedrooms with on suite bathrooms
• 1 double room with an on suite bathroom
Separate from the main building are the following facilities:
• 14 bedrooms with on suite bathrooms (horseshoe layout)
• 2 conference rooms with toilet facilities
• A thatched Lapa with wooden deck and deck bar overlooking the river
• Staff accommodation

Property Reference #: 1218474

Agent Details:
Jacques Smit
Rawson Properties
132, Piet Retief Boulevard, Vanderbijlpark, Vanderbijlpark SE 2, Gauteng

Id Subtitle 1233656384
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Estimated monthly repaymentR 177,728
Total property loan amountR 16,400,000
Total interestR 26,254,710
Total repaymentR 42,654,710
Interest rate at 11.75% for 20 years *
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Rawson Properties Vanderbijlpark
Selling for 2+ years
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