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R7,500,000

32 Lategan

Monthly Bond Repayment R74,878.49
Calculated over 20 years at 10.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R4,900

Well-Known Guesthouse with Steady Income – Prime Location Near Mediclinic Hospital

This exceptional property offers a rare opportunity to own a thriving, well-established guesthouse with proven streaming income. Perfectly located within walking distance of Mediclinic Hospital and close to schools, shops, and town amenities, this guesthouse is both an excellent investment and a lifestyle property.

Main Features:

6 Spacious Guest Bedrooms – each with its own private bathroom, ensuring comfort and privacy for guests.

Luxurious Master Suite – complete with en-suite bathroom, designed for comfort and exclusivity.

2-Bedroom Flatlet – ideal for extended family, staff accommodation, or additional rental income.

Family Room & 2 Sitting Rooms – creating warm, welcoming spaces for relaxation.

Fully Equipped Kitchen, and Laundry – large and functional, ideal for catering to guests.

Outdoor & Entertainment:

2 Sparkling Swimming Pools – perfect for summer leisure and entertaining.

2 Outside Braai Areas – offering guests and owners multiple outdoor entertainment options.

Massive Mancave / Entertainment Area – equipped for hosting, events, or private gatherings.

Neat and Tranquil Garden – beautifully maintained with a full sprinkler system, creating a peaceful atmosphere.

Practical Extras:

JoJo Water Tank & Borehole – ensuring reliable water supply.

Massive Generator & 3-Phase Electricity – keeping the property fully operational during power outages.

9 Carports & Electric Gate – secure parking with easy access.

Cameras & Electric Fencing – comprehensive security for peace of mind.

Air Conditioners in All Rooms – ensuring year-round comfort.

Location Advantages:

Walking distance to Mediclinic Hospital – highly attractive for guests needing medical accommodation.

Close to schools and town center – convenient for both short- and long-term stays.

This property is a well-known and trusted guesthouse in the community, with an established reputation and consistent income stream. Whether you are looking to expand your hospitality portfolio, start a new business venture, or simply enjoy the benefits of a versatile family home with earning potential, this guesthouse is the perfect opportunity.

Features

9
9
Pets Allowed
Yes
Interior
Bedrooms
9
Bathrooms
9
Kitchens
1
Reception Rooms
4
Studies
1
Exterior
Carports / Parkings
9
Security
Yes
Flatlet
1
Pool
Yes

St Helena, Welkom

Background and Historical Information of the Area Welkom, located in the Free State province of South Africa, has a rich history dating back to the late 19th century. In 1946, gold was discovered on a farm called St. Helena, sparking a gold rush in the area. This discovery led to the establishment of Welkom as a mining town and played a significant role in the development of the region. Area...
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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

74,878.49

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