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R19,000,000

2,392m² Hotel For Sale in Riebeek West

HISTORIC HOTEL FUSING GRACIOUS, OLD WORLD CHARM WITH MODERN LIFESTYLE COMFORTS.

Perennially popular as a wedding & honeymoon venue, the hotel is equally sought after as a conference or function centre and country destination of choice for weekend get-aways. ONLY AN HOUR FROM CAPE TOWN! Originally commissioned in 1903 by then school headmaster, Mr Booysen as a home for children orphaned during the Anglo-Boer war, the core Victorian building has been extended to offer 22 en suite bedrooms, 2 full suites, a buffet restaurant, a welcoming bar with fire in winter, private formal dining rooms and a heated indoor swimming pool with adjoining conservatory. The extensive conference/function building was a more recent addition as was the impressive pool with poolside patio & service areas. There are superior en suite rooms above the conference facilities enjoying good views of the country scenery. In a separate gabled house are seven en suite bedrooms. With a current four -star rating, the hotel offers individually -styled accommodation in an unrivalled setting. The lush lawns of the tree-shaded gardens are the perfect setting for summer dining and private functions. The sweeping views of the Valley are magnificent as is the dramatic back drop of the Kasteelberg mountain. IN A CLASS OF ITS OWN! FOR DISCERNING INVESTORS IN A CLASS OF THEIR OWN

Features

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0
Zoning:
Commercial
Interior
Air Conditioning
Yes
Exterior
Security
No
Sizes
Floor Size
2,392m²
Land Size
11,343m²
Extras
24 bathrooms 22 bathrooms en suite 2 suites Main conference room for 150 people Smaller conference room for 50 guests Boardroom for 10 people Intimate dining room for 14 Restaurant seats 60 Bar Indoor pool Outdoor pool Extensive gardens
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Leapfrog Property Group website is accurate and up to date, Leapfrog Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

251,086.40

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