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R6,750,000

Monthly Bond Repayment R70,824.78
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Rates
R7,800

Panoramic Views and Exceptional Returns

Panoramic Views and Exceptional Return

We are very excited to present this charming guesthouse, perfectly positioned on De Lorentz Street, just a short walk from the vibey Kloof Street with all its amenities, conveniently close to mountain trails and the beaches of Clifton and Camps Bay and all other major tourist attractions.

A welcoming covered entrance, flanked by potted trees and traditional shutters, leads into a cosy lounge and dining area with an original fireplace. The spacious kitchen, complete with a laundry, opens onto a quaint courtyard. There are also two spacious ensuite guest rooms.

Upstairs, three more ensuite guest rooms await—some with stunning mountain views, and two that open onto a large sundeck with panoramic views of Signal Hill, the City, Table Bay Harbour and Devil’s Peak. What a place to enjoy the sunset, or rest after a long day of sightseeing.

With high occupancy rates and an 8 out of 10 rating on Booking, this guesthouse delivers an impressive yield of approximately 12%. Figures are available upon request.
This is a wonderful opportunity to either continue the current lean operation or elevate it into a more upmarket establishment. Alternatively, it could be transformed into a premium student residence or digital nomad haven, just steps from Kloof Street.

There is an option to buy fully furnished. Please note this listing price is subject to VAT, no transfer duties apply.

Contact me today for a private viewing, I would love to show you around.

Exclusively brought to you by Kapstadt International Properties

Features

5
5.5
Pets Allowed
Yes
Interior
Bedrooms
5
Bathrooms
5.5
Kitchens
1
Reception Rooms
2
Furnished
Exterior
Security
Yes
Sizes
Land Size
212m²

Gardens, Cape Town

Sandwiched between Tamboerskloof and Oranjezicht, Gardens is a very popular suburb and one of the oldest and most established parts of Cape Town. There are still some authentic mansions - houses that haven’t been subdivided or rezoned into business residences. Many are guest houses or hotels whose large rooms with high ceilings and wooden floors are very sought after. The Company Gardens, the oldest garden...
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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

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Monthly Payment

70,824.78

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