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R17,900,000

Monthly Bond Repayment R187,816.83
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Guest house Function Venue

Luxurious 4-Star Boutique Hotel and Conference Venue in Erasmusrand, Pretoria
This exquisite 4-star Boutique Hotel and Conference Venue is a hidden gem in the serene Erasmusrand neighborhood of Pretoria. Built over three erven, it is strategically located near a shopping center and provides easy access to the highway, offering convenience to both leisure and business travelers.
Upon entering the property, you'll immediately sense the warm and inviting atmosphere created by tasteful décor and stylish furnishings. The hotel seamlessly blends contemporary elements with classic charm, creating a sense of elegance and sophistication throughout.
Key Features:
Profitable Business: This well-established and profitable business is available at a great price, with all fixtures and furnishings included, ready for you to take over.
Diverse Income Streams: Generate an excellent income through events, conferences, and long-term stays.
Accommodation: The hotel offers 33 well-appointed rooms and suites, each meticulously designed for comfort and tranquility. Guests can enjoy spacious living areas, plush beds with premium linens, modern amenities, and private en-suite bathrooms.
Conference Facilities: The venue boasts a range of well-equipped meeting rooms and event spaces, including a 110-delegate conference room and three additional conference rooms. There is also a 25-seat restaurant and an additional dining area for 20 guests, making it ideal for corporate conferences, seminars, workshops, and social gatherings. Modern audiovisual technology and high-speed internet access are available.
Prime Location: Located in Erasmusrand, the hotel offers easy access to various attractions and amenities in Pretoria, including museums, galleries, shopping boutiques, and malls.
Additional Property: The adjacent property on Schoogezicht Street, Erasmusrand, presents a versatile commercial opportunity. This large property spans over 2,000 square meters and can be used as a guesthouse or conference center. It features backup generators, 24-hour security, ample parking, and beautiful gardens.
This impressive property presents an exceptional opportunity for those looking to invest in a thriving hospitality and conference business. For more details and a private viewing, please contact us.
16 Dbl suits for 32 guests - 3 Dbl suits for staff - Conference facility - Land 1927 m2 - Buildings 655 m2
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15 dbl suits for 30 guests - 1 dbl suit for staff - Conference facility - Land 2457 m2 - Buildings879 m2 - + closed patio 120 m2 + 41m2
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Then there is the 3rd stand that was rezoned as a spa
Stand 319
Land 2426 m2
That include the road reserve that we bought from Twane.
I am not sure about the buildings m2
There is also a piece from Twane ( stand320 that is consolidated to 323 that bring the 2457 to2544. See foto

Features

15
15
Interior
Bedrooms
15
Bathrooms
15
Reception Rooms
15
Extras
Open • Built in Wardrobes • Built In Appliances • Safe Location • Contemporary • Air Conditioning Unit
 
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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

 

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Monthly Payment

187,816.83

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