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R7,950,000

Monthly Bond Repayment R76,719.22
Calculated over 20 years at 10.0% with no deposit. Change Assumptions

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Monthly Rates
R4,850

High income business : self-catering 4 star

Great business, located just above Knysna Central - easy access to Knysna shops and restaurants.
This guest house has 7 spacious self catering units for guests, plus a large flat-let for the owner.
The entire property has been through a recent upgrade and now has a 4 star grading.
The owners are now reaping the benefits of running a no-hassle business with good profits.
Due to family commitments, the current owners would prefer to sell the property and the business as a going concern.
The business also has a high rating on Booking.com ; furthermore, the property is designed to accommodate clients in wheelchairs as well.
Each suite has superb facilities for clients to do their own catering : there is ample secure under cover parking for all units, plus 3 lock up garages.
The property has been rezoned with the Knysna Municipality to general residential ; there are approved plans for all buildings.
The new owners can just take over this fine business and keep generating a good profit for years to come.

Features

8
8
3
Pets Allowed
Yes
Interior
Bedrooms
8
Bathrooms
8
Kitchens
8
Reception Rooms
3
Studies
2
Exterior
Garages
3
Carports / Parkings
8
Pool
Yes
Views
Yes
Sizes
Floor Size
550m²
Land Size
2,070m²
Extras
Furniture and VAT are included in the price.

Knysna Central, Knysna

The seaside town of Knysna is a preferred destination for both homeowners and tourists. It graciously lies at the heart of South Africa's famous Garden Route. Holidaymakers often flock to Knysna to enjoy the local food and craft beer, cruise the lagoon, play a game of golf on one of the three world-class courses, or indulge in the yearly Knysna Oyster Festival. According to www.knysna.gov.za the town attracts...
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Investing in a holiday home in Knysna
The lovely city of Knysna is a top destination for both homeowners and tourists. Holidaymakers often flock to this mesmerizing location to enjoy the local food and craft beer, cruise the lagoon, play a game of golf on one of the...
 
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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

76,719.22

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