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R3,500,000

Monthly Bond Repayment R37,929.75
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R2,014

House for sale in Hatton Estate....

MIXING BUSINESS WITH LEISURE!

Beautiful ten bedroom accommodation establishment for sale in Hatton Estate.
Feel the peace and harmony as you enter this unconventional establishment comprising of a main house which comprises of five fully furnished bedrooms and five garden flats. All of which are great income generators. Not only that the property also allows for the hosting of weddings and other functions making it multi purpose.

The main house is a five bedroom which further boasts a reception area, office, fully equipped bar, banquet area, large sundeck overlooking the huge pool and lush garden currently used as an intimate garden wedding and functions venue. Each bedroom comes with its own balcony which is fitted with a wash basin.

The garden has five other garden cottages which are also fully furnished and come equipped with a lounge, fully fitted kitchen and one bedroom. Each cottage has its own sitting area outside to enjoy the peace and serenity of the garden.

In terms of security, each room has burglar guards and the whole property is fenced with electric fencing. The gate is remote controlled and the parking bays are covered.

The garden also boasts a pool area and a braai area which is used by the tenants.
This establishment is already income earning and has huge potential for someone with vision and capital. So it suits a couple that is passionate about the hospitality industry.

Contents and furnishings remain on a walk out walk in basis...take over business and income generated.
Property and owner well known and supported by community and has been operating for twenty two years.

Owner now widowed and elderly and wishes to retire but would like this legacy to continue.

So don't miss this opportunity to own an income generating business and also a home at the same time.

Please call Phila today.

Features

10
6
Pets Allowed
Yes
Interior
Bedrooms
10
Bathrooms
6
Studies
1
Furnished
Exterior
Carports / Parkings
12
Security
Yes
Pool
Yes
Views
Yes
Sizes
Land Size
2,488m²

In the news

Chas Everitt Pinetown team giving back to the local Community
It's our Chas PMC Team giving back to our local Community. Thank you to every Sponsor, our Principal Tracy Maharaj, and our Staff for opening their Hearts and wallets to the Ethelbert Child and Youth Care Centre. Great Team...
 
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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

 

LOAN AVAILABLE

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Monthly Payment

37,929.75

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