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Guesthouse or Air-bnb - - A Premier Income-Generating Property of 9 Bedrooms & Bathrooms

Upmarket Secure Complex with 8 Luxury Self-Catering Fully Furnished Rentable Apartments in a Prime Location.

This immaculate and well cared for property features not only aesthetic beauty and a serene quality lifestyle but a hidden gem in the form of so many opportunities which you would be able to mould according to your personal and economic requirements. For example:

This could be your huge private mansion or live on the property with a passive income from rentable units or just keep the current very successful business model which ranges from one night Airbnb to long term stays.

The complex is fully walled, alarmed electric fence, park like gardens, sparkling pool, braai and boma area for entertaining your guests.

Unit 1:
Spacious 2 Bedroom Luxury Fully Furnished Apartment consisting of an elevated deck overlooking the pool, sunny open plan living area, TV lounge, fully fitted granite kitchen and scullery with gas stove. Stunning spacious main bedroom, MES bathroom and own fireplace. The second bedroom has it's own large MES with walk in shower.

Unit 2:
Spacious Fully Furnished Studio Apartment with a large king size bed, open plan TV lounge, kitchenette and separate MES with shower and bath.

Unit 3:
Tastefully Furnished 1 bedroom elevated apartment. A short flight of stairs leads you onto a very private large elevated deck with beautiful views. This unit has an open plan TV lounge and bedroom with plenty of BIC space. There is a separate well equipped kitchenette and large MES with bath and separate shower.

Unit 4:
Luxury Fully Furnished 1 bedroom ground floor apartment with big double doors leading into an open plan lounge and kitchenette. The separate bedroom has a queen sized bed with lovely MES. You also have your own private outside patio area to relax and braai.

Unit 5:
A private patio leads you into this spacious fully furnished upmarket one bedroom unit. There is a large open plan lounge, kitchenette and study area. The bedroom has a comfortable queen sized bed and huge MES with shower.

Unit 6:
Is a very private elevated one bedroom fully furnished apartment with beautiful views. The fully equipped open plan living area leads into a lovely bedroom with MES.

Unit 7:
Beautiful, sunny and warm north facing one Bedroom Tastefully Furnished Apartment featuring a private entrance deck, open plan lounge and kitchenette. Large bedroom with BIC's and MES.

Unit 8:
Large Private 1 Bedroom Beautifully Furnished Separate Garden Cottage. Featuring a private entrance hall, large bedroom with BIC's and large MES, open plan lounge and kitchenette. Double doors open out to a beautiful private under-cover furnished deck, braai facility and garden area.

So in closing - we can summaries the key features of this unique property.

Prime Location / very secure complex.
Large ERF at 1983sm
Fully established property and 900sm of up market living facilities
Eight beautifully furnished apartments of different sizes
Each apartment has it's own private entrance
Unique successful business model with proven track record
100% occupancy for the past 6 years!
Well organized facility with low running costs eg. (borehole, solar, heat pumps, on-site laundry, etc ) and VAT registered.
Great investment opportunity with a competitive ROI.
This could be your huge private mansion or live on the property with a passive income from rentable units or just keep the current very successful business model which ranges from one night Airbnb to long term stays.

Features

0
9
Title:
Freehold
Zoning:
Commercial
Exterior
Security
Yes
Sizes
Floor Size
900m²
Land Size
1,983m²
Parking Bays
Open Parking Bays
9
 
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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 Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

126,465.60

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