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R18,950,000

Lucrative hospitality venture with private owners residence set within idyllic grounds.

Proudly perching on the hills of Paradise, this 4-star bed and breakfast offers guests a peaceful retreat to relax and enjoy their Garden Route experience.
On entering the property, you are welcomed by beautifully landscaped grounds, ample secure parking and a reception area to facilitate and welcome guests to the property.
Scattered around the property - the 8 guest suites ensure a comfortable stay with every need catered for. The layout of the property offers 4 room options for guests to choose from within the main house overlooking the lagoon, pool and garden area with the remaining 4 cottage-style suites being elevated and slightly removed from main building with unobstructed beautiful views. Totally private from the Guest House is a sizeable fully functional 3 bedroom / 3 bathroom home with double volume living areas ensuring a light and airy feel. Unobstructed views of the Knysna lagoon are enjoyed from every room. A versatile space -either for family living or alternatively you can include this dwelling in the guest house for additional income.
Comfort, quality and attention to detail have added to the resounding success of this business, proudly proven by year after year repeat guest visits. The business is a reputable, well marketed both locally and internationally and has many multi award-winning hospitality awards.
The current owners have recently installed a brand new, fully fitted solar system which includes 20 solar panels, 16KW inverter as well as a15KWH lithium-ion battery to ensure that loadshedding does not affect the guest's comfort during their stay.
Asking price is inclusive of VAT.
Disclaimer: Although EXP Realty has made every effort to obtain accurate information regarding their listings from sources, that are deemed reliable, we cannot warrant complete accuracy. Subject to errors and omissions.

Features

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Zoning:
Commercial
Exterior
Security
Yes
Sizes
Land Size
3,651m²
Extras
Sea • Balcony • Safe Location • Entrance Hall • On Quiet Road • Veranda • Built in Wardrobes • Security - System • First owner • Near Shops • High Speed Internet • Domestic Bathroom Bathroom • En-suite Bathroom • Appliances Included • Fireplace Room • Near Shopping Mall • Water - Tank • Garden
 
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Disclaimer: While every effort will be made to ensure that the information contained within the EXP Realty website is accurate and up to date, EXP Realty 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

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Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

263,725.15

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