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R3,900,000

23 CAMDEN ROAD

Monthly Bond Repayment R42,264.58
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Opportunity Awaits An Astute Investor!

The property offers the following:
• 12 Suites/bedrooms
• Impressive dining room
• Swimming Pool
• Staff Accommodation Room
• Large kitchen
• 14 marked open parking
• Special needs entrance
• Alarm System
• Security Cameras

Premises Details
All 12 rooms have en-suite bathrooms and are all fully furnished. These are spacious and superbly decorated suites. The bedrooms focus on comfort, elegance, and thoughtful touches with high-end amenities. All units have DSTV decoder and TV,s and Wi-Fi coverage throughout the property.
There is a fully operational kitchen fully equipped for catering for hosting events. There are 2 dining rooms for event dining. Also features an equipped laundry room, plus a welcoming reception area.

Location, location, location. Never has this saying been so permanent. This beautiful property is set on a large piece of land. Just a block from Settlers Way on your way to and from the airport, IDZ, and MBSA. Attracting local and out-of-town guests. Close to shopping centers, and transportation routes making it ideal to accommodate guests staying on long term.

Financial Summary
Full Financial details are available to seriously interested buyers. The business is recovering from the travel restrictions. However, the industry is showing a recovery.

Investment Rational
A rare golden opportunity to capitalize on the next hot spot as a new wider National Road expansion is in progress. This will usher in lots of visitors to the city, making this property undoubtedly the guesthouse of choice! This could be expanded to include business trips. The entire operation is being sold as a going concern. This will include all movable assets.

Features

12
14
Interior
Bedrooms
12
Bathrooms
14
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
14
Security
Yes
Pool
Yes
Sizes
Land Size
1,105m²

Sunnyridge, East London

East London property at a glance Looking for an East London property or house for sale to call home? East London fondly referred to as Buffalo City, is a perfect blend of old fashioned values with a relaxed charm, making it a great place to buy property. East London's most predominant appeal is the long stretches of unpolluted and uncrowded white sandy beaches, with pleasant all year around weather. East London...
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Disclaimer: While every representation will be made by Lew Geffen Sotheby's International Realty to ensure that the information contained within the website is accurate and up to date, 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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

42,264.58

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