Investment Opportunity!

Ref # 1987486
R4,700,000
Property Details
8 Beds
4 Baths
700m²
2,104m²

Guesthouse

Commune

Hotel

These 3 opportunities will be the best options for investing.

Inside the building:

This property has 8 bedrooms, 3 en-suite bathrooms, 1 extra bathroom in the house, 2 kitchens, massive dining room and a wine cellar.

Outside of the property:

3 Outbuildings

2104 m² of Erf

Irrigation systems

Totally fenced, electric gate, alarm systems, closed circut TV, burglar bars, beams inside and outside

Backup water

The house is designed in such a way that entrances, bedrooms, kitchens, bathrooms and the dining area can be seperated into their own private sections.

If this house is bought for R4 700 000 the monthly payment will be around R36 500.

Additional construction to the house for optimal usage of space and conveniency of a guesthouse will be ± R100 000.

A guesthouse with 4 double rooms, charging R600 per person sharing can generate over R86 000 per month at an occupancy rate of 60%.

There are 6 guesthouses/hotels in a radius of 1.2 km of this property and this property has the potential to outshine al 6 of them.

The property is situated 1.5km from the Waterkloof Golf club.

It is close to the N1 between JHB and Pretoria and is central to the main economic nodes of the greater Pretoria East. It is easily accessible from other cities via the N1, N4, R21, R28 and other major routes.

Do not miss out.

Contact me for more details on this property concerning zoning certificate, construction costs ect.

Property Features
Property Type
House
Beds
8
Baths
4
Building Size
700m²
Stand Size
2,104m²
Living Area
4
Property Costs
Rates & Taxes
±R1,700
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