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R3,750,000

Monthly Bond Repayment R40,639.01
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R5,000

Opportunity Alert! Apartment Block Sale!

Situated in the heart of Vereeniging Central, this 12-bedroom, potential guest house, presents an exceptional opportunity for investment or entrepreneurial endeavors. Boasting 12 bathrooms, each room offers comfort and convenience for guests, ensuring a pleasant stay. Strategically positioned near bus stops, schools, and churches, this guest house enjoys easy accessibility and convenience for guests looking to explore the area or attend local events. Four of the 12 rooms feature private balconies, providing guests with scenic views of the bustling street below. Ample parking space and storage rooms cater to the practical needs of both guests and management, ensuring a seamless experience for all.

Additionally, the main house has been thoughtfully converted into guest rooms, expanding the accommodation options and revenue potential of the property. The property is enveloped by sturdy walls, ensuring privacy and security for guests. Whether guests are unwinding in their cozy rooms, exploring the surrounding amenities, or simply enjoying the tranquility within the secure compound, this guest house offers an unforgettable experience for visitors. With its prime location, array of amenities, and commitment to guest satisfaction, this 12-bedroom guest house in Vereeniging Central presents a lucrative opportunity for investors seeking to capitalize on the thriving hospitality industry. Whether as a business venture or a long-term investment, this property is primed to deliver both financial returns and lasting value.

Features

12
12
Interior
Bedrooms
12
Bathrooms
12
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Land Size
1,983m²
Extras
Balcony • Security Gate • Burglar Bars • Courtyard • Totally Walled
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Dormehl Phalane Property Group website is accurate and up to date, Dormehl Phalane Property Group 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

40,639.01

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