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R13,900,000

2 St Andrews Street

Monthly Bond Repayment R145,846.59
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Rates
R2,667

18 Bedroom Guest House For Sale in White River Central

Excellent investment with various opportunities

Situated close to town yet in the countryside on 2.87ha of prime land is where you will find an opportunity of a lifetime.

The property is set up for a guest house but can be used as student accomodation and there are also 8 free standing homes that can be let on a long term basis or or AirBnB. The current income is around R85 000 from long term tenants with further income on the guest house of around R40 000

Lush gardens with water features, make this an ideal wedding venue but there are multiple options for a keen investor. If you have a vision and are in the hospitality / events industry, this is a definite to look at.

First Realty Nelspruit (Pty) Ltd T/A Chas Everitt Nelspruit / Lowveld is a Franchise of the Chas Everitt International Property Group.
Operating a trust account.
Holds a business FFC. Registered with the PPRA.

Non-Principal member registered with the PPRA Kim Pascoe FFC0259745
Non-Principal member registered with the PPRA Hilton Kotze FFC1175119

Office A1, Outpost Centre
C/o Ehmke and Van der Merwe
Nelspruit,1200

Features

18
18
Pets Allowed
Yes
Interior
Bedrooms
18
Bathrooms
18
Exterior
Security
Yes
Domestic Accommodation
1
Pool
Yes
Sizes
Floor Size
1,500m²
Land Size
2Ha
Extras
7 Self-Catering Units  3 x 1-bedroom units  1 x 2-bedroom unit  2 x 1-bedroom unit,  • 8 Free Standing houses  4 x 3-bedroom,  • 2-bathroom units,  • 2 parking spaces  2 x 2-bedroom,  • 1-bathroom units,  • 2 parking spaces  1 x 2-bedroom,  • 2 bathroom unit,  • 2 parking spaces  1 x 5-bedroom,  • 3-bathroom unit,  • 2 parking spaces,  • Recreational Room  open room with 2 x toilets,  •  4 x basins  2 x showers,  • Main Building  9 x En-suite rooms of which 2 are self-catering  2 x kitchens  Pantry  Laundry  Office  Big enclosed lapa  5 aircons in main building  Pool,  • 2 Boreholes,  • 1 x 5000 liter water tank,  • 2 x 10 000 liter tanks for the houses and Guesthouse

White River Central, White River

White River (Witrivier) is a small holiday and farming town situated just North of Nelspruit in Mpumalanga. The farms in the White River region of Mpumalangaproduce tropical fruit, vegetables, flowers and timber. The scenic town of White River, with its three irrigation dams and a number of forests, is one of the most popular holiday destinations for tourist and the town of White River has developed a...
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In the news

Spotlight on Nelspruit /White River
The Mpumalanga Lowveld has found increasing favour with home buyers from all over SA in the past two years, and is home to four of the 10 wildlife estates recently named by New World Wealth as South Africa's best. "Over the...
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Chas Everitt International Property Group website is accurate and up to date, Chas Everitt International 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:

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Expenses

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Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

145,846.59

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