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R12,000,000

Monthly Levy
R500 Excl. VAT
Monthly Rates
R12,000 Excl. VAT

Lucrative Business !

Presenting this renowned guest house located in the sought-after area of Meerensee, Richards Bay. Boasting a prime location, this establishment offers close proximity to essential amenities and the prestigious Mzingazi Golf Estate.

This guest house features 18 newly upgraded, fully equipped double bedrooms. The consistently high occupancy rate attests to its popularity among visitors. Beyond accommodation, the property also offers exceptional function and conference facilities. These spaces are equipped with state-of-the-art amenities, making them highly sought-after

Local corporate entities consistently utilize these facilities, fostering a strong demand and robust support.

A valuable feature of this property is its full liquor license, making it an all-inclusive destination. The fitted kitchen and inviting swimming pool further to enhance the guest experience, providing convenience and leisure options.

In addition to the guest house, the property includes a comfortable three-bedroom house. This space is perfect to accommodate the owner or manager, ensuring a seamless operation. Security and maintenance are top priorities; the property is exceptionally secure and meticulously maintained.

Adding to the property's appeal are the dedicated and long-standing staff. Their extensive training and experience contribute significantly to the business's success, making them a valuable asset.

Presenting this renowned guest house located in the sought-after area of Meerensee, Richards Bay. Boasting a prime location, this establishment offers close proximity to essential amenities and the prestigious Mzingazi Golf Estate.


This guest house features 18 newly upgraded, fully equipped double bedrooms. The consistently high occupancy rate attests to its popularity among visitors. Beyond accommodation, the property also offers exceptional function and conference facilities. These spaces are equipped with state-of-the-art amenities, making them highly sought-after.

Local corporate entities consistently utilize these facilities, fostering a strong demand and robust support.

A valuable feature of this property is its full liquor license, making it an all-inclusive destination. The fitted kitchen and inviting swimming pool further to enhance the guest experience, providing convenience and leisure options.

In addition to the guest house, the property includes a comfortable three-bedroom house. This space is perfect to accommodate the owner or manager, ensuring a seamless operation. Security and maintenance are top priorities; the property is exceptionally secure and meticulously maintained.

Adding to the property's appeal are the dedicated and long-standing staff. Their extensive training and experience contribute significantly to the business's success, making them a valuable asset.

This guest house offers not only a lucrative business opportunity but also a chance to own a thriving establishment in a desirable location. Don't miss the chance to become a part of this flourishing enterprise.

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
2,000m²
Land Size
4,171m²
 
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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 Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

170,435.35

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