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Guest House For Sale

R 7,800,000

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General Details
Description
(Price includes agent's commission)
Guest House For Sale
Going concern â?? very spacious guest house in a sought after suburb near amenities. Two homes situated on adjacent stands. This is for the family that needs space or for somebody who would like to generate a GOOD extra income (Guest house already 13 years in operation)
Retirement is but a NEW BEGINNING with this fully functional guest house.
Lots of added improvements and floor size, this pristine guest-house has been meticulously planned and expanded, adding value and quality to life
11 Rooms â?? all inclusive of Embuia furniture, fridges beds bar fridges tv's aircons etc except for the Main house where the owners stay that furniture is excluded.
Safely nestled in Arborpark between luscious green trees and a beautiful landscaped garden, this home greets prospective buyers with a sense of peace and tranquility.
On entry, a double volume, open plan living dining and kitchen area welcomes its residents. The windows invite sunlight into the living space creating a warm and homely feeling.
On entry, open plan living, dining, and kitchen area welcome all potential buyers. Space was wisely utilized and another living area introduced to the home by an enclosing the spacious patio, thereby accommodating residents and visiting guests in both winter and summer months.
Occupancy value approx. 70-80 %
1 Sparkling swimming pools
Improvements to the property include the following:
Security : Cameras and remote access
Easy visitor's parking.
Office facility
Jojo tanks x 3
Alarm system
FINANCIAL STATEMENT AVAILABLE ON REQUEST TO SERIOUS BUYERS ONLY
Expect the best value for money ...we guarantee you will not be disappointed!
INVENTORY LIST AVAILABLE
Call today
PRICE NEGOTIABLE

Property Reference #: APC5

Agent Details:
Coenie Scheepers
Allied Real Estate
28 Ayliff Street, Newcastle, 2940

Id Subtitle 1301141016
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Estimated monthly repaymentR 84,530
Total property loan amountR 7,800,000
Total interestR 12,486,997
Total repaymentR 20,286,997
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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Allied Real Estate
Selling for 6+ months
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