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R12,800,000

Monthly Bond Repayment R138,714.50
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R13,000

Exclusive Lodge Opportunity: Prime Property Opposite Kyalami Castle

This property boasts an ideal layout for a lucrative lodge venture, offering multiple rental options to maximize income potential. With nine air-conditioned rooms, it caters to guests' comfort while providing flexibility in accommodation choices.

The property further includes a sizable one-bedroom cottage featuring an open-plan kitchen and lounge area that extends onto a well-manicured backyard/garden adorned with a refreshing pool and inviting garden patio. This additional cottage enhances the property's appeal by offering a spacious and comfortable retreat for guests seeking a more private accommodation option.

Situated conveniently across from the esteemed Kyalami Castle, the property stands to benefit from a steady stream of international visitors seeking nearby accommodation. Its location within a secure, boomed-off area ensures peace of mind for both guests and owners, with robust security measures in place.

The property's strategic positioning in a sought-after area enhances its attractiveness to potential guests and investors alike. Despite being centrally located within the city, the serene ambiance of the neighborhood creates a tranquil retreat for guests.

It's proximity to key amenities such as Kyalami Corner, Lonehill, Sandton, and the renowned Mall of Africa adds to its allure, offering convenience and accessibility to guests during their stay.

Overall, this property presents a compelling investment opportunity in the hospitality sector, leveraging its prime location, versatile accommodation options, and desirable amenities to generate substantial returns.

Special Features:

- Full solar system with back up batteries

- Gym in the property

- A fully equipped laundry room with self service


Amenities:

- Close to few shopping centers

- Easy access to main roads

- Few schools in the area

- There are few restaurants close by

Features

10
8
Interior
Bedrooms
10
Bathrooms
8
Reception Rooms
6
Exterior
Carports / Parkings
2
Security
No
Pool
Yes
Sizes
Land Size
8,552m²
 
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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

138,714.50

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