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R2,400,000

BERLIN HOTEL - PRICED TO SELL - LOCATION LOCATION LOCATION!!!

Chas Everitt International property Group East London Presents this building is located on the main road which is the main business district of Berlin. It currently neighbors municipal offices on the one side and a major garage on the other side.

The hotel has a total of 24 guest rooms and has anchor tenants such as the local pharmacy, a student shop that is a General Dealer, a Butchery, a Salon, a huge tent tent that is rented out for events and lots more!!! It needs TLC plus a new zest to unleash its full potential.

The WSU-postdam campus is a few kilometers outside Berlin, PLUS the site of the ever growing and popular Berlin November horse racing event, is anchored on the outskirts of this quaint little town. The Berlin November is a major annual event in the town and attracts millions of rands into the towns' economy.

The BERLIN HOTEL is well located and offers many possibilities for a potential investor in this untapped business territory.

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Sizes
Land Size
4,047m²

Berlin, King Williams Town

A keen up-tick in property purchasing activity and a shortage of recent real estate developments are factors that are creating of a home stock shortage in the affordable sector of the in the Eastern Cape; however there is most definitely a "ceiling" on prices. Located on the Buffalo River close to Bisho (the Eastern Cape's capital), King Williams Town is incorporated into the Buffalo City...
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King Williams Town Property Market on the Rise
A keen up-tick in property purchasing activity and a shortage of recent real estate developments are factors that are creating of a home stock shortage in the affordable sector of the in the Eastern Cape; however there is most...
 
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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:

Income

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Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

31,716.18

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