CALLING ALL INVESTORS!!

R 3,200,000

Can I afford this?
2 months ago26 views
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General Details
For Sale By:Agency
Dwelling Type:Other
Bedrooms (#):Studio or Bachelor Pad
Bathrooms (#):4+
Parking:Covered
Description
Here is a chance to make a smart financial investment in this magnificent part of the city!

Being sold as a going concern with training and handover included.

The property has been tastefully restored and sensitively maintained with many of the original features still intact.

Well-established guest house with an average occupation of 30% to 50% and 80% during peak months with already over 100 days confirmed for 2024.

It boasts 10 guest rooms, all with en-suite bathrooms, 2 staff rooms, 1 laundry room and a reception area.

Extra: Two 5000liter water tanks

Conveniently situated close to the Airport.

Property Reference #: RL5829

Agent Details:
Vikki Hohana
Talana Foot Real Estate
236 Cape Road
Mill Park
Gqeberha

Id Subtitle 1262058684
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Estimated monthly repaymentR 34,679
Total property loan amountR 3,200,000
Total interestR 5,122,871
Total repaymentR 8,322,871
Interest rate at 11.75% for 20 years *
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Talana Foot Real Estate
Selling for 3+ years
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