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R9,900,000

34 Mill Road

Monthly Bond Repayment R100,507.67
Calculated over 20 years at 10.75% with no deposit. Change Assumptions

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Monthly Rates
R10,910

Exceptional Guesthouse for Sale in Prime Hillcrest Location

Are you looking for a lucrative hospitality investment or ready to live your dream of owning a thriving guesthouse? This well-established and recently updated guesthouse in the heart of Hillcrest presents an outstanding opportunity for both seasoned investors and aspiring proprietors. Perfectly positioned with easy access to major highways and local amenities, this property combines convenience, comfort, and class. Comprising 15 stylish, modern en-suite rooms, each one is equipped with air-conditioning, a bar fridge, tea and coffee facilities, and a safe ensuring guests enjoy both luxury and practicality. The operational efficiency is enhanced by cost-saving gas geysers throughout the property. The welcoming reception area and cozy lounge create a homely atmosphere, while the fully equipped kitchen with a serving counter opens onto a generous dining area, ideal for guest meals or small events.

Additional features include: A dedicated laundry room with integrated appliances. A separate conference room with its own kitchenette, bathroom, and private entrance, perfect for hosting business meetings or small events. A spa/treatment room, currently tenanted, providing a steady additional rental income stream. Guests will love the tranquil setting: a sparkling pool, beautifully maintained gardens, and braai facilities with outdoor seating make it a perfect escape. With 10 undercover parking bays and ample extra guest parking, convenience is guaranteed. The fully walled property with an automated gate offers both privacy and peace of mind. Whether you are looking to expand your hospitality portfolio or embrace a lifestyle business with strong income potential, this Hillcrest gem ticks all the boxes. Don’t miss out— enquire today and turn your guesthouse dream into reality!

Features

15
15.5
Interior
Bedrooms
15
Bathrooms
15.5
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Carports / Parkings
10
Security
Yes
Pool
Yes
Sizes
Floor Size
937m²
Land Size
3,700m²
Extras
Air Conditioner • Garden • Gas Hob • Granite Tops • Grill • Guard • Guest Toilet • Scullery • Septic Tank • Splash Pool • Built In Braai • Built in Wardrobes • Intercom • Storage • Communal Braai Area • Curtain Rails • Dishwasher Connection • Driveway • Laundry • Tiled Floors • Totally Walled • Tumble Dryer • Washing Machine Connection • Electric Gate • Entrance Hall • Extractor Fan • Eye Level Oven • Covered Patio • Satellite Dish

Hillcrest Central, Hillcrest

Hillcrest Central Hillcrest Central is the bustling heart of the Hillcrest suburb, offering a wide range of amenities and attractions. It is home to a variety of shops, restaurants, businesses, schools, and more, making it a convenient and vibrant place to live, work, and play. Shopping Hillcrest Central is a shopper's paradise, with a variety of shopping centres to choose from, including Hillcrest Corner,...
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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

 

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Monthly Payment

100,507.67

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