24 Bedroom Other for Sale in Potchefstroom Potchefstroom

  • R 11 575 000
  • R 113 625 Monthly payment
24 Bedroom Other for Sale in Potchefstroom

Property Information & Features

  • Other Property Type
  • For Sale Listing Type
  • R 11 575 000 Asking Price
  • 24 Bedrooms
  • 24 Bathrooms
  • 2 Garages
  • 850 m² Living Area
  • 6 000 m² Total Size
  • R 1 929 Price/m²
  • R 1 261 Rates & Taxes
  • Yes Garage
  • Yes Pet Friendly
  • Yes Security
  • Yes Staff Quarters
  • Yes Study/Office
  • Yes Swimming Pool

Property Description

Established guest house and 17 fully let apartments for sale in Potchefstroom.

This is an owner operated guesthouse and they also live on the property. With a bit of focus and time, a new owner can easily increase the occupancy rate and profitability. The possibilities with this property are endless.

Cottages information / Permanet Rentals

Completely separate from the guest house, you will find approximately 4000 sqm of land. This tranquil area has been created for the apartments that generate the monthly rental income. Carports are situated nearby, for the convenience of the tenants.

The seller has been successfully renting out these 17 income generating apartments since 2002.


Guest House information

Reception room
7 Rooms
7 Bathrooms
Kitchen with separate scullery and laundry area
Huge breakfast and dining area
Open plan dining area with lounge and tv room
Veranda
Pool
Conference room and/or restaurant with fully equipped kitchen (liquor license this is also up for sale but will be a separate agreement)
Double garage
Walk-in cold storage


Seller is willing to disclose full financials of this operation at a sit-down meeting. Plus-minus R50,000.00 rental income from the apartments and R30,000.00 from the guest house.

Adjacent to this guest house is another property. This will be sold separately from the guest house.
This property could potentially be a venue for weddings or functions. This will be the ideal situation for these two properties

The property is sold without furnishings

Established guest house and 17 fully let apartments for sale in Potchefstroom.

This is an owner operated guesthouse and they also live on the property. With a bit of focus and time, a new owner can easily increase the occupancy rate and profitability. The possibilities with this property are endless.

Cottages information / Permanet Rentals

Completely separate from the guest house, you will find approximately 4000 sqm of land. This tranquil area has been created for the apartments that generate the monthly rental income. Carports are situated nearby, for the convenience of the tenants.

The seller has been successfully renting out these 17 income generating apartments since 2002.


Guest House information

Reception room
7 Rooms
7 Bathrooms
Kitchen with separate scullery and laundry area
Huge breakfast and dining area
Open plan dining area with lounge and tv room
Veranda
Pool
Conference room and/or restaurant with fully equipped kitchen (liquor license this is also up for sale but will be a separate agreement)
Double garage
Walk-in cold storage


Seller is willing to disclose full financials of this operation at a sit-down meeting. Plus-minus R50,000.00 rental income from the apartments and R30,000.00 from the guest house.

Adjacent to this guest house is another property. This will be sold separately from the guest house.
This property could potentially be a venue for weddings or functions. This will be the ideal situation for these two properties

The property is sold without furnishings


Monthly Payment / Amortisation

R
R
%
Instalment
R 102 263 / month
Total Cost
R 24 543 048
# Total Payment Interest Portion Capital Portion Balance
1 102 263 88 983 13 280 10 404 220
2 102 263 88 869 13 393 10 390 827
3 102 263 88 755 13 508 10 377 319
4 102 263 88 640 13 623 10 363 696
5 102 263 88 523 13 739 10 349 957
6 102 263 88 406 13 857 10 336 100
7 102 263 88 288 13 975 10 322 125
8 102 263 88 168 14 095 10 308 030
9 102 263 88 048 14 215 10 293 815
10 102 263 87 926 14 336 10 279 479
11 102 263 87 804 14 459 10 265 020
12 102 263 87 680 14 582 10 250 438
13 102 263 87 556 14 707 10 235 731
14 102 263 87 430 14 833 10 220 898
15 102 263 87 304 14 959 10 205 939
16 102 263 87 176 15 087 10 190 852
17 102 263 87 047 15 216 10 175 636
18 102 263 86 917 15 346 10 160 290
19 102 263 86 786 15 477 10 144 813
20 102 263 86 654 15 609 10 129 204
21 102 263 86 520 15 742 10 113 462
22 102 263 86 386 15 877 10 097 585
23 102 263 86 250 16 012 10 081 573
24 102 263 86 113 16 149 10 065 423
25 102 263 85 975 16 287 10 049 136
26 102 263 85 836 16 426 10 032 710
27 102 263 85 696 16 567 10 016 143
28 102 263 85 555 16 708 9 999 435
29 102 263 85 412 16 851 9 982 584
30 102 263 85 268 16 995 9 965 589
31 102 263 85 123 17 140 9 948 449
32 102 263 84 976 17 286 9 931 163
33 102 263 84 829 17 434 9 913 729
34 102 263 84 680 17 583 9 896 146
35 102 263 84 530 17 733 9 878 413
36 102 263 84 378 17 885 9 860 528
37 102 263 84 225 18 037 9 842 491
38 102 263 84 071 18 191 9 824 300
39 102 263 83 916 18 347 9 805 953
40 102 263 83 759 18 504 9 787 449
41 102 263 83 601 18 662 9 768 788
42 102 263 83 442 18 821 9 749 967
43 102 263 83 281 18 982 9 730 985
44 102 263 83 119 19 144 9 711 841
45 102 263 82 955 19 307 9 692 534
46 102 263 82 790 19 472 9 673 061
47 102 263 82 624 19 639 9 653 423
48 102 263 82 456 19 806 9 633 616
49 102 263 82 287 19 976 9 613 641
50 102 263 82 117 20 146 9 593 495
51 102 263 81 944 20 318 9 573 176
52 102 263 81 771 20 492 9 552 685
53 102 263 81 596 20 667 9 532 018
54 102 263 81 419 20 843 9 511 174
55 102 263 81 241 21 021 9 490 153
56 102 263 81 062 21 201 9 468 952
57 102 263 80 881 21 382 9 447 570
58 102 263 80 698 21 565 9 426 005
59 102 263 80 514 21 749 9 404 256
60 102 263 80 328 21 935 9 382 322
61 102 263 80 141 22 122 9 360 200
62 102 263 79 952 22 311 9 337 889
63 102 263 79 761 22 502 9 315 387
64 102 263 79 569 22 694 9 292 693
65 102 263 79 375 22 888 9 269 806
66 102 263 79 180 23 083 9 246 722
67 102 263 78 982 23 280 9 223 442
68 102 263 78 784 23 479 9 199 963
69 102 263 78 583 23 680 9 176 283
70 102 263 78 381 23 882 9 152 401
71 102 263 78 177 24 086 9 128 315
72 102 263 77 971 24 292 9 104 024
73 102 263 77 764 24 499 9 079 525
74 102 263 77 554 24 708 9 054 816
75 102 263 77 343 24 919 9 029 897
76 102 263 77 130 25 132 9 004 764
77 102 263 76 916 25 347 8 979 417
78 102 263 76 699 25 564 8 953 854
79 102 263 76 481 25 782 8 928 072
80 102 263 76 261 26 002 8 902 070
81 102 263 76 039 26 224 8 875 846
82 102 263 75 815 26 448 8 849 398
83 102 263 75 589 26 674 8 822 723
84 102 263 75 361 26 902 8 795 822
85 102 263 75 131 27 132 8 768 690
86 102 263 74 899 27 363 8 741 326
87 102 263 74 665 27 597 8 713 729
88 102 263 74 430 27 833 8 685 896
89 102 263 74 192 28 071 8 657 826
90 102 263 73 952 28 310 8 629 515
91 102 263 73 710 28 552 8 600 963
92 102 263 73 467 28 796 8 572 167
93 102 263 73 221 29 042 8 543 125
94 102 263 72 973 29 290 8 513 834
95 102 263 72 722 29 540 8 484 294
96 102 263 72 470 29 793 8 454 501
97 102 263 72 216 30 047 8 424 454
98 102 263 71 959 30 304 8 394 150
99 102 263 71 700 30 563 8 363 588
100 102 263 71 439 30 824 8 332 764
101 102 263 71 176 31 087 8 301 677
102 102 263 70 910 31 353 8 270 324
103 102 263 70 642 31 620 8 238 704
104 102 263 70 372 31 890 8 206 814
105 102 263 70 100 32 163 8 174 651
106 102 263 69 825 32 438 8 142 213
107 102 263 69 548 32 715 8 109 499
108 102 263 69 269 32 994 8 076 505
109 102 263 68 987 33 276 8 043 229
110 102 263 68 703 33 560 8 009 669
111 102 263 68 416 33 847 7 975 822
112 102 263 68 127 34 136 7 941 686
113 102 263 67 835 34 427 7 907 258
114 102 263 67 541 34 722 7 872 537
115 102 263 67 245 35 018 7 837 519
116 102 263 66 945 35 317 7 802 202
117 102 263 66 644 35 619 7 766 583
118 102 263 66 340 35 923 7 730 660
119 102 263 66 033 36 230 7 694 430
120 102 263 65 723 36 539 7 657 890
121 102 263 65 411 36 852 7 621 039
122 102 263 65 096 37 166 7 583 872
123 102 263 64 779 37 484 7 546 388
124 102 263 64 459 37 804 7 508 584
125 102 263 64 136 38 127 7 470 458
126 102 263 63 810 38 453 7 432 005
127 102 263 63 482 38 781 7 393 224
128 102 263 63 150 39 112 7 354 112
129 102 263 62 816 39 446 7 314 665
130 102 263 62 479 39 783 7 274 882
131 102 263 62 140 40 123 7 234 759
132 102 263 61 797 40 466 7 194 293
133 102 263 61 451 40 811 7 153 482
134 102 263 61 103 41 160 7 112 322
135 102 263 60 751 41 512 7 070 810
136 102 263 60 397 41 866 7 028 944
137 102 263 60 039 42 224 6 986 720
138 102 263 59 678 42 584 6 944 136
139 102 263 59 314 42 948 6 901 188
140 102 263 58 948 43 315 6 857 872
141 102 263 58 578 43 685 6 814 187
142 102 263 58 205 44 058 6 770 129
143 102 263 57 828 44 435 6 725 695
144 102 263 57 449 44 814 6 680 881
145 102 263 57 066 45 197 6 635 684
146 102 263 56 680 45 583 6 590 101
147 102 263 56 290 45 972 6 544 129
148 102 263 55 898 46 365 6 497 764
149 102 263 55 502 46 761 6 451 003
150 102 263 55 102 47 160 6 403 842
151 102 263 54 699 47 563 6 356 279
152 102 263 54 293 47 969 6 308 310
153 102 263 53 883 48 379 6 259 930
154 102 263 53 470 48 792 6 211 138
155 102 263 53 053 49 209 6 161 929
156 102 263 52 633 49 630 6 112 299
157 102 263 52 209 50 053 6 062 246
158 102 263 51 782 50 481 6 011 765
159 102 263 51 350 50 912 5 960 853
160 102 263 50 916 51 347 5 909 505
161 102 263 50 477 51 786 5 857 720
162 102 263 50 035 52 228 5 805 492
163 102 263 49 589 52 674 5 752 818
164 102 263 49 139 53 124 5 699 694
165 102 263 48 685 53 578 5 646 116
166 102 263 48 227 54 035 5 592 080
167 102 263 47 766 54 497 5 537 583
168 102 263 47 300 54 963 5 482 621
169 102 263 46 831 55 432 5 427 189
170 102 263 46 357 55 905 5 371 283
171 102 263 45 880 56 383 5 314 900
172 102 263 45 398 56 865 5 258 036
173 102 263 44 912 57 350 5 200 685
174 102 263 44 423 57 840 5 142 845
175 102 263 43 928 58 334 5 084 511
176 102 263 43 430 58 833 5 025 679
177 102 263 42 928 59 335 4 966 344
178 102 263 42 421 59 842 4 906 502
179 102 263 41 910 60 353 4 846 149
180 102 263 41 394 60 869 4 785 280
181 102 263 40 874 61 388 4 723 892
182 102 263 40 350 61 913 4 661 979
183 102 263 39 821 62 442 4 599 537
184 102 263 39 288 62 975 4 536 562
185 102 263 38 750 63 513 4 473 049
186 102 263 38 207 64 055 4 408 994
187 102 263 37 660 64 603 4 344 391
188 102 263 37 108 65 154 4 279 237
189 102 263 36 552 65 711 4 213 526
190 102 263 35 991 66 272 4 147 254
191 102 263 35 424 66 838 4 080 416
192 102 263 34 854 67 409 4 013 007
193 102 263 34 278 67 985 3 945 022
194 102 263 33 697 68 566 3 876 456
195 102 263 33 111 69 151 3 807 305
196 102 263 32 521 69 742 3 737 563
197 102 263 31 925 70 338 3 667 225
198 102 263 31 324 70 938 3 596 287
199 102 263 30 718 71 544 3 524 742
200 102 263 30 107 72 156 3 452 587
201 102 263 29 491 72 772 3 379 815
202 102 263 28 869 73 393 3 306 421
203 102 263 28 242 74 020 3 232 401
204 102 263 27 610 74 653 3 157 748
205 102 263 26 972 75 290 3 082 458
206 102 263 26 329 75 933 3 006 525
207 102 263 25 681 76 582 2 929 943
208 102 263 25 027 77 236 2 852 707
209 102 263 24 367 77 896 2 774 811
210 102 263 23 702 78 561 2 696 250
211 102 263 23 030 79 232 2 617 018
212 102 263 22 354 79 909 2 537 109
213 102 263 21 671 80 592 2 456 517
214 102 263 20 983 81 280 2 375 237
215 102 263 20 288 81 974 2 293 263
216 102 263 19 588 82 674 2 210 588
217 102 263 18 882 83 381 2 127 208
218 102 263 18 170 84 093 2 043 115
219 102 263 17 452 84 811 1 958 304
220 102 263 16 727 85 536 1 872 768
221 102 263 15 997 86 266 1 786 502
222 102 263 15 260 87 003 1 699 499
223 102 263 14 517 87 746 1 611 753
224 102 263 13 767 88 496 1 523 257
225 102 263 13 011 89 252 1 434 006
226 102 263 12 249 90 014 1 343 992
227 102 263 11 480 90 783 1 253 209
228 102 263 10 704 91 558 1 161 651
229 102 263 9 922 92 340 1 069 311
230 102 263 9 134 93 129 976 182
231 102 263 8 338 93 924 882 257
232 102 263 7 536 94 727 787 531
233 102 263 6 727 95 536 691 995
234 102 263 5 911 96 352 595 643
235 102 263 5 088 97 175 498 468
236 102 263 4 258 98 005 400 463
237 102 263 3 421 98 842 301 621
238 102 263 2 576 99 686 201 934
239 102 263 1 725 100 538 101 397
240 102 263 866 101 397 -0

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