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R10,000,000

Monthly Bond Repayment R99,837.99
Calculated over 20 years at 10.5% with no deposit. Change Assumptions

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Monthly Rates
R15,000

16-bedroom bed and breakfast establishment

This property is strategically situated in the heart of Empangeni central, offering excellent accessibility and high visibility, which are crucial for attracting guests and ensuring business success.

This well-appointed establishment features 16 spacious bedrooms, complemented by 13 bathrooms, providing ample accommodation and comfort for a large number of guests. The property also boasts a dedicated dining area, perfect for serving hearty meals, and a welcoming bar area, ideal for guests to relax and socialize.

Furthermore, all necessary business rights are included, and the sale encompasses all furniture, ensuring a seamless and effortless transition for the new owner.

The secure location of the property provides an additional layer of peace of mind. With air conditioning installed in all rooms, along with its extensive amenities and prime location, this bed and breakfast represents a lucrative opportunity for both seasoned entrepreneurs and investors looking to capitalize on the thriving hospitality industry.

Call now for your appointment to view.

Features

16
13
Interior
Bedrooms
16
Bathrooms
13
Kitchens
1
Reception Rooms
1
Sizes
Floor Size
396m²
Land Size
1,369m²
Extras
Totally Walled • Balcony • Patio • Shower, Toilet and Basin • Bath, Toilet and Basin • Dishwasher Connection • Washing Machine Connection • Scullery • Laundry

Fairview, Empangeni

Empangeni is the jewel of the KwaZulu-Natal north coast. It is 157 kilometers north of Durban. Empangeni is alongside the beautiful Nkwalini Valley. Besides the panoramic sea views, properties have a view south of the Ngoye mountain range. Empangeni is becoming a booming town with many people relocating to the area for work and upscaling their lifestyle. The area has everything you need to settle in from shopping...
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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:

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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

99,837.99

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