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Guest house with huge rental potential income in prime area!
R 4,320,000
Can I afford this?
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8 months ago110 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Farm
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):513
Parking:Covered
Description
The property consists of two buildings with available fibre, full alarm and CCTV systems, solar geysers, paved driveways, 10 parkings (4 in front, 6 at the back), boundary walls, remote controlled access gate and approved plans.
Building one is a double storey with 1 x 1000L and 2 x 750L slimline off grid water tanks, a tiled deck area and external stairs. Downstairs has a communal indoor braai/kitchen/ lounge and entertainment area with a room and private shower/toilet/basin. Upstairs offers a 2 bedroom open plan lounge/kitchen and braai area with shower/basin/bath/toilet.
Building two has a laundry, outside staff toilet and 9 units and each room has a kitchen nook with porcelain bowl under granite tops..
Unit one offers open plan room, kitchenette, shower/basin/toilet, air conditioning and tiled floors. Unit two has an open plan room/lounge, shower/basin/toilet, tiled floors and verandah.
Units three to five have open plan room/lounge, shower/basin/toilet, tiled floors.
Unit six has open plan room/lounge, shower/basin/toilet, tiled floors and 2 air conditioners.
Units seven to eight have open plan room/lounge, shower/basin/toilet, tiled floors.
Unit nine has an open plan room/lounge and links with a 6 seater dining room and kitchen with electric stove.
Property Reference #: ELO-RS00710
Agent Details:
Andre Goosen
Century21
84 Vincent Road Vincent East London 5247
Building one is a double storey with 1 x 1000L and 2 x 750L slimline off grid water tanks, a tiled deck area and external stairs. Downstairs has a communal indoor braai/kitchen/ lounge and entertainment area with a room and private shower/toilet/basin. Upstairs offers a 2 bedroom open plan lounge/kitchen and braai area with shower/basin/bath/toilet.
Building two has a laundry, outside staff toilet and 9 units and each room has a kitchen nook with porcelain bowl under granite tops..
Unit one offers open plan room, kitchenette, shower/basin/toilet, air conditioning and tiled floors. Unit two has an open plan room/lounge, shower/basin/toilet, tiled floors and verandah.
Units three to five have open plan room/lounge, shower/basin/toilet, tiled floors.
Unit six has open plan room/lounge, shower/basin/toilet, tiled floors and 2 air conditioners.
Units seven to eight have open plan room/lounge, shower/basin/toilet, tiled floors.
Unit nine has an open plan room/lounge and links with a 6 seater dining room and kitchen with electric stove.
Property Reference #: ELO-RS00710
Agent Details:
Andre Goosen
Century21
84 Vincent Road Vincent East London 5247
Id Subtitle 1226103752
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Estimated monthly repaymentR 46,817
Total property loan amountR 4,320,000
Total interestR 6,915,875
Total repaymentR 11,235,875
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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Century21
Selling for 3+ years
Total Ads485
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