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R11,500,000

Monthly Bond Repayment R120,664.44
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Established 7-Bedroom Guesthouse with Panoramic Sea Views with potential for Owners suite.

This well-established guesthouse, ideally situated in a prestigious area of Somerset West, offers breathtaking panoramic sea views and serves as a gateway to the renowned Cape Winelands. It boasts a loyal clientele who consistently return year after year, a testament to its exceptional hospitality and prime location.

As an added advantage, one or potentially two of the upstairs bedrooms can be readily converted into a private owner's residence, creating a live-work-play environment in the Capes most beautiful destination.

The price includes all furniture, fixtures, fittings, linen, stock and systems.

Streamlined Operations and Experienced Staff:
The guesthouse benefits from well-defined and efficient operations, ensuring a seamless experience for guests. A dedicated and experienced staff provides attentive service, further contributing to the establishment's success. Discreetly located laundry facilities and storerooms maintain a pristine guest environment.

Accommodation to Suit All Needs:
Featuring seven en-suite bedrooms, the guesthouse caters to a diverse clientele. Three bedrooms conveniently located on the ground floor offer easy access for those with mobility limitations. The remaining four bedrooms reside upstairs, each boasting private balconies and captivating sea views, ideal for a luxurious stay.

On-Site Amenities and Added Advantage:
A valuable liquor license allows guests to unwind and socialize within the comfortable confines of the guesthouse. Ample on-site parking provides a convenient experience for all visitors.

A Thriving Business Opportunity:
This established guesthouse presents a unique opportunity to acquire a thriving business in a sought-after location. With its loyal clientele, streamlined operations, and potential for an owner's residence, this property offers a compelling investment opportunity.

This revised version utilizes more formal language, emphasizes the guesthouse's success and established nature, and highlights the potential for a profitable/lifestyle business venture.

Features

7
7.5
Pets Allowed
Yes
Interior
Bedrooms
7
Bathrooms
7.5
Kitchens
1
Reception Rooms
2
Studies
1
Furnished
Exterior
Carports / Parkings
10
Security
Yes
Pool
Yes
Sizes
Land Size
1,350m²
Extras
Entrance Hall • Air Conditioner • Guest Toilet • Laundry • Scullery • Storeroom • Patio • Built In Bar • Balcony

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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 Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

120,664.44

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