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700m² Guesthouse For Sale in Witbank Ext 16

Presenting a remarkable opportunity to own a spacious and well-established double-storey guesthouse that exudes charm and sophistication. Perfectly situated in a desirable location, this property is designed to cater to the needs of discerning guests and promises an exceptional investment for those seeking to enter or expand in the hospitality industry.

As you approach, an access gate opens to reveal a fully fenced property with a garden, setting the tone for the inviting atmosphere that awaits. The entrance hall welcomes you into a space that seamlessly combines functionality and elegance, featuring multiple living and entertainment areas. With a total of four lounges and two dining rooms, this guesthouse offers ample room to accommodate guests in style and comfort. The thoughtfully designed kitchen is complemented by a scullery, pantry, and separate laundry facilities, ensuring efficiency in managing daily operations. A spacious patio adds an outdoor charm, ideal for relaxation or hosting guests in a tranquil setting.

The guesthouse boasts an impressive 10 bedrooms, 10 of which are en suite, and a total of 12 bathrooms, ensuring privacy and convenience for all occupants. Built-in cupboards provide ample storage throughout. Practical features such as two garages and six covered parking spaces cater to both owners and visitors, adding to the overall convenience of the property.

This exceptional guesthouse is being sold with the majority of its furniture, allowing for a seamless transition for new owners, though some personal items will be excluded from the sale. Whether you envision continuing its current operation or transforming it into your dream hospitality venture, this established property presents an unparalleled opportunity to invest in a thriving industry with immense potential.

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Sizes
Floor Size
700m²

Witbank Ext 16, Witbank

The majority of the Witbank property for sale landscape is dominated by traditional “freehold” or full title properties, which make up some 87% of the composition according to recent Lightstone property reports. The remainder of the market is made up of residential Witbank estates (around 8%), and sectional title units (townhouses, flats and apartments) comprising around 5%.   These numbers in...
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Office: Chas Everitt Witbank Cause/Charity: PETS (Pet Empowerment in Townships) NPO The Chas Everitt Witbank team decided to raise funds for the P.E.T.S (Pet Empowerment in Townships) Non-Profit Organisation by selling...
 
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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:

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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

68,192.78

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