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R2,995,000

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Monthly Rates
R2,205 Excl. VAT

Write your own paycheck, be your own boss. Rental income has never been this easy!!!

Welcome to the heart of Parkhill Gardens, where opportunity knocks at the door of a thriving multi-room lodge seeking a new owner. The current proprietor, propelled into retirement unexpectedly, has placed this commercially successful guesthouse on the market, presenting you with the chance to chart your own course and reap the rewards.

This strategically positioned guesthouse operates on a flexible rental basis, accommodating guests for a day, a week, a month, or even longer. Boasting 15 well-appointed rooms, this property stands as a beacon of comfort and convenience in a mature neighborhood characterized by tranquil lanes and majestic trees. The locale perfectly complements the offering, attracting primarily weekenders and individuals engaged in the numerous flight schools dotting the area.

As you approach the complex, you'll find ample parking for guests, a thoughtful touch that enhances the overall guest experience. Each of the 15 rooms is equipped with essential amenities, including a fridge/freezer, a flat-screen TV, and reliable Wi-Fi, ensuring that guests enjoy a comfortable and connected stay.

Seize the opportunity to be your own boss and write your own paycheque with this turnkey guesthouse. The demand for accommodation in this region, coupled with the established success of the lodge, positions you for a promising venture. Whether you're looking to supplement your income or contemplating an early retirement through savvy management, this property should undoubtedly top your shortlist.

Don't miss the chance to make this guesthouse your next successful venture. Invest in a property that not only promises financial returns but also allows you to savor the entrepreneurial spirit and lifestyle you've been longing for. Take the reins and make this multi-room lodge in Parkhill Gardens your key to a prosperous and fulfilling future.

Features

0
10
Zoning:
Commercial
Interior
Power 3 Phase
Yes
Exterior
Security
No
Sizes
Floor Size
660m²
Land Size
1,557m²
Parking Bays
Open Parking Bays
10

Parkhill Gardens, Germiston

Sometimes considered a small city, the large suburb of Germiston is found on the East Rand of Gauteng. Much like most of Johannesburg, Germiston started its journey of development during the gold rush of the 1800's.  By 1921 Germiston was known for having the largest gold refinery in the world known as the Rand Refinery.   LOCATION: Germiston is conveniently located about 20 kms from OR Tambo International...
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

42,537.82

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