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R4,995,000

Monthly Bond Repayment R52,410.34
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R11,855

Excellent Opportunity!

Prime Investment Opportunity Near University, Sports Fields, Hospitals, and Shopping Malls

This well-located overnight accommodation offers not only convenient proximity to the University, Sports Fields, Grey & Eunice schools, and nearby hospitals, but also provides a healthy return on investment. All furniture included!

The property boasts eight en-suite rooms, ranging from doubles to family-sized units that can accommodate up to four guests. With a total capacity for 20 guests, each room is equipped with kitchenettes featuring coffee and tea-making facilities, a kettle, crockery, cutlery, and a bar fridge.

Additional on-site facilities cater to all needs and include:

A bar area for guest relaxation
Braai facilities for outdoor dining
Seating for 40 guests, with both undercover and open areas
Undercover parking for convenience
24/7 CCTV monitoring and a security guard for peace of mind
A gazebo with a 12-seater dining area
A conference room for business use
This well-equipped and well-maintained property presents an ideal investment for an entrepreneur seeking a seamless, profitable venture.
Municipal water is included in the rates and taxes
NSFAS income and the amount = 4 rooms, and they are together
R16,000, R4,000 per room
Other room rental income = R12,000
Monthly income is R28,000

Don't miss out on this opportunity—call Annette Kasselman today to arrange a viewing.

Features

8
9
Pets Allowed
Yes
Interior
Bedrooms
8
Bathrooms
9
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
6
Security
Yes
Sizes
Land Size
1,454m²
Extras
Includes Furniture of +- R100 000 & Generator

Universitas, Bloemfontein

Universitas is a Latin word meaning "the whole of the Universe." Centrally located in Bloemfontein and widely known since both the Free State University as well as the Universitas Training Hospital is situated in the area. Popular schools are also found here such as Grey College and Eunice Girls School. Numerous churches, guesthouses and shopping centres are in place to service the residents. The suburb...
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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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

52,410.34

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