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R3,150,000

Monthly Bond Repayment R34,136.77
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R2,300

Income Generating Property with Potential in Bayswater

Welcome to an exceptional investment opportunity nestled in the heart of Bayswater, offering a self-catering guest house with immense potential. Boasting a prime location and a plethora of amenities, this property promises lucrative returns and endless possibilities.

Key Features:

Location: Situated in the sought-after neighborhood of Bayswater, renowned for its tranquility and convenience. Close proximity to essential amenities, schools, and recreational facilities.
Income Generation: Currently operating as a self-catering guest house, this property presents a reliable stream of income. With nine spacious rooms, each equipped with its own shower and small fitted kitchen, the potential for steady revenue is substantial.
Entertainment Area: The property features an inviting entertainment area complete with an indoor braai (barbecue), perfect for hosting gatherings and events. Additionally, outdoor braai areas offer alfresco dining experiences amidst the serene surroundings.
Recreational Amenities: Enjoy leisurely days by the swimming pool, offering a refreshing retreat during warm summer months. The expansive yard provides ample space for outdoor activities and relaxation, catering to the needs of guests seeking both comfort and recreation.
Modern Connectivity: Stay connected with high-speed fibre internet, ensuring seamless communication and entertainment options for guests. A backup battery system is in place to ensure uninterrupted service, enhancing the overall guest experience.
Parking: Convenience is paramount with parking available for up to 11 vehicles on-site, providing ease of access and peace of mind for guests and visitors alike.
Potential for Expansion: With a large yard and versatile layout, there exists ample opportunity for expansion or diversification of offerings. Explore the possibility of adding additional accommodation units, recreational facilities, or complementary services to further enhance the property's appeal and profitability.

Don't miss out on the chance to own this income-generating property with boundless potential in the coveted neighborhood of Bayswater. Whether you're seeking a lucrative investment opportunity or looking to expand your hospitality portfolio, this property offers the perfect canvas for realizing your aspirations.

Schedule a viewing today and unlock the possibilities that await!

Features

9
9
Interior
Bedrooms
9
Bathrooms
9
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Carports / Parkings
6
Pool
Yes
Sizes
Floor Size
572m²
Land Size
1,591m²
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Harcourts South Africa website is accurate and up to date, Harcourts South Africa makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

34,136.77

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