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R10,000,000

Guesthouse and Health Hydro for sale in Craighall

Award winning, well-appointed, stylishly fully furnished, six-bedroomed property.
Approved business rights to operate as a Guesthouse and Health Hydro.
4 Star Grading accreditation from the SA Tourism Council.
Liquor licence.
Rezoning approval has already been obtained for Residential 3 to extend the current building with 22 dwelling units/66 rooms/3 storeys.
Size of property - 3 707 square meters of land.
Sold as a going concern with an average 60% occupancy rate for most of the year, this guesthouse caters to mainly local and international corporate guests that make up 90% of their stays.

- 6 x Self-catering rooms with own kitchenette, equipped with bar fridge, microwave, tea/coffee station, fan, safe and desk
- All rooms tastefully furnished with a flat screen TV, DSTV, Wi-Fi, bar fridge, safe, hairdryer, gowns, coffee/tea facilities, ceiling fans & heaters
- Lounge
- Reception area
- Managers flat-let with 1 bedroom and a bathroom
- Fully equipped restaurant for 30 people
- Dining room with fireplace and an enclosed patio
- 2 Guest toilets
- Fully equipped kitchen
- 5 Garden studios each 9 square meters used as spa treatment rooms and fully equipped
- Wooden deck for functions for up to 50 guests
- Studio 18 square meters
- 2 Freestanding offices of 21 square meters each
- Slimming studio
- Manicure/pedicure studio
- Laundry
- Staff toilet
- Loose standing storage units
- Off street parking for 12 cars

The owners are now ready for other opportunities and will welcome enthusiastic business investors that seek an excellent return on their investment.

Features

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0
Title:
Freehold
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
535m²
Land Size
3,707m²
Extras
Health Hydro
 
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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 Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

133,539.00

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