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R4,800,000

8 chapman road

Monthly Bond Repayment R51,188.62
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Scottsville Business for BnB's/Student Accomodation and Offices to Let

**For Sale: Versatile Property in Scottsville – Ideal for BnB, Student Accommodation, or Office Space**


Discover a prime property located in the heart of Scottsville, Pietermaritzburg. With a rich history, this property once operated as the renowned "Yes Please BnB" and carries a heritage recognized by Amafa. The house is perfect for those looking to restore it to its former glory as a BnB, convert it into student accommodation, or utilize it as office spaces. Its strategic location offers convenience for a variety of business opportunities.


**Key Features:**
- **Historical Charm:** The house has a unique history and is recognized by Amafa for its architectural heritage.
- **Spacious Yard:** Ample parking space for guests, clients, or tenants.
- **Coffee Bar:** Includes an indoor coffee bar, perfect for socializing or business meetings.
- **Event Area:** A dedicated kids' space for parties and private events.
- **Fully Fenced:** Ensures security and privacy for all visitors.
- **Renovation Potential:** While the property is in need of renovations, it presents a fantastic opportunity to customize it to your vision.


**Prime Location:**
This property is situated close to numerous amenities and services, including:
- **Educational Institutions:** UKZN, DUT, Maritzburg College, TVET College, and UNISA.
- **Shopping Centres:** Scottsville Shopping Centre, Hayfields Mall, and Woodburn Shopping Centre.
- **Recreational Venues:** Golden Horse Casino, Harry Gwala Stadium, Scottsville Race Course, Oval Cricket Sports Grounds, and bicycle sports fields.
- **Entertainment & Nightlife:** SPRYTS Night Club and more.
- **Transportation:** Easy access to taxis, Oribi Airport, and nearby petrol stations.
- **Business & Government:** Close to Msunduzi Municipality, private company offices, government offices, and banks.
- **Community Amenities:** Churches, schools (including Alexander GHS), and SAPS.
It is easy to make a Rental Income of R100,000 a month if you can do your cards properly, come and have a look and you will make it do not fear of any challenges ,face it and you will win the battle


This property is a fantastic investment opportunity with its versatile potential, historical charm, and prime location. Whether you want to restore it as a BnB, cater to students, or create office spaces, this property is a canvas waiting for your touch.


**For more details or to schedule a viewing, contact us today!**

Features

14
14
Interior
Bedrooms
14
Bathrooms
14
Kitchens
2
Reception Rooms
2
Exterior
Carports / Parkings
20
Security
Yes
Pool
Yes
Sizes
Land Size
2,490m²
Extras
Near Congress-Centre • Near Highway • Safe Location • Eat-in Kitchen • Steel Front Door • Kitchen - Extra • Balcony • Hob • Brick • Near Airport • Security - System • Built In Braai • City Center • Built in Wardrobes • First owner • Playground • Near Fitness centre • Restaurant area • Frequency location • Corner Lot • Fire Escape • South • Wheelchair Accessible • Pets Not Allowed • Near Bus • Glass Siding • Near Medical Center • Near Shopping Mall • Closed Circuit TV • Open • Covered Parking • Water Booster • Washing Facilities(in building) • En-suite Bathroom • Shower • Near Hospital • Satellite • Veranda • Near Subway • On Quiet Road • Near University/Campus • Near Shops • Old Building • Near Park • Near Children's Park • Protected (Historical) • Air Conditioning Unit • Near Schools • Window Treatments • Domestic Bathroom Bathroom • Staff Accommodation • Concrete • On Busy Road • Common Areas • Alarm System • Entrance Hall • Needs Renovation • Near Golf Course • Kitchen-Dinette
 
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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

R
%

Monthly Payment

51,188.62

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