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R8,500,000

198 Allan Road

Monthly Bond Repayment R90,646.52
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R3,400

Stunning 12 Bed Guest House in Glen Austin

Selling as a package deal, the property consists of a 3 bedroom main house and cottage with a 9 bed (en-suite) Bed and Breakfast Guesthouse with approved plans for 7 Kingsize suites.

The Guest House offers a spacious dining room, fully equipped kitchen, guest en suite shower & toilet, fitness center, sports & or sports massage area / Fully furnished conference centre / Dining area / transforming into training facilities, wellness centers, student accommodation, and more.

The B&B itself is a well known registered going concern generating a six figure monthly income. Ample parking (covered and open). Fully booked until mid 2025!!!

Own borehole (potable) and 8Kva inverter for self sustainability - Eskom supply as backup (3-phase)

Patio bar and two swimming pools. Thatch homes with lightning protection (poles and sprinklers).

Excellent security, with CCTV, electric gates, guards, electric fence (360 degrees).

Zoned Residential with Business Rights (available on request).

Conference facilities (furniture included in sale)

Features

12
12
Pets Allowed
Yes
Interior
Bedrooms
12
Bathrooms
12
Kitchens
3
Reception Rooms
8
Studies
2
Furnished
Exterior
Carports / Parkings
10
Security
Yes
Flatlet
1
Domestic Accommodation
2
Pool
Yes
Sizes
Floor Size
798m²
Land Size
9,400m²

Glen Austin AH, Midrand

Midrand property: A profile of Midrand property from a prospective buyer’s perspective, with information on attractions and where to buy in Midrand. Midrand Property Midrand is situated halfway between Johannesburg and Pretoria and is one of the fastest growing commercial and residential hubs in the country. Due to its proximity to Gauteng’s major cities; business owners, particularly in 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

90,646.52

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