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AUCTION

7A Ibis Place

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Monthly Rates
R5,629

Guest House business opportunity! Bidding to start from R3.5mil! Live Modern Auction!!

Guest House business opportunity! Bidding to start from R3.5mil! Live Modern Auction!!

Welcome to an exceptional investment opportunity in the heart of Inchanga, Hammarsdale. With the ongoing construction along the N3, this thriving Guest House offers a perfect blend of comfort, entertainment, and breathtaking views for road works contractors, making it an ideal choice for both guests and investors.

Key Features:

In addition to the main house there are 9 self-catering units offering spacious and well-appointed accommodation for up to around 30 guests and contractors alike. Modern facilities ensure convenience and comfort. The units are fully equipped, catering to your guest's needs. 2 Double garages provide secure parking for up to 4 vehicles guests and staff. There is also ample parking in the rear of the property via road access.

Entertainment & Amenities:

Full Bar with Pool Table: Perfect for socialising and relaxation.
Outdoor Entertainment Area: Ideal for gatherings and events.
Large Pool: A highlight for guests seeking leisure and fun.

Additional Highlights:

Lovely Views: Stunning vistas that enhance the guest experience.
Wedding Venue: A sought-after location for weddings, adding to the property's revenue streams.
Spacious Land: 8094m² of land, with 4000m² undeveloped, offering potential for future expansion.

Strategic Location:

Close proximity to the new N3 Key Ridge highway bypass, ensuring easy access and increased traffic.
This property is a lucrative venture with its diverse income sources and prime location. Don't miss out on this unique opportunity to invest in a well-established Guest House with immense growth potential.

**All offers are encouraged, and you have the option to submit an offer at any time before the auction to secure this exceptional property – whether it's through a loan or cash purchase.

This auction is an unmissable opportunity to own an income generating property.


The Seller has chosen to make use of Harcourts Auctions' Non-Distressed Auction Platform For Serious Sellers
- No Buyers Premium - seller to pay the commission
- Full Finance Options Available
- Offers Accepted prior to Auction Day
- All property reports, available on request

Features

18
16
4
Pets Allowed
Yes
Interior
Bedrooms
18
Bathrooms
16
Kitchens
12
Reception Rooms
2
Exterior
Garages
4
Carports / Parkings
8
Flatlet
8
Pool
Yes
Sizes
Floor Size
1,064m²
Land Size
8,094m²

On Show

11:00 to 12:00
Saturday, 02 November 2024
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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

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Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

37,325.04

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