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Lodge available FOR SALE in Illovo

Step into this remarkable lodge and conference facility nestled in the prestigious Illovo area. Situated on nearly 4,000 square meters of land, this property serves as a tranquil haven for guests seeking a blend of comfort and convenience. Featuring 24 well-appointed rooms, a spacious cafeteria, a cozy lounge, a professional boardroom, and a welcoming reception area, this establishment seamlessly caters to both accommodation and conference requirements. With a fully equipped kitchen and laundry facilities, operational efficiency is guaranteed, while a dedicated gym room ensures guests can maintain their active lifestyle during their stay. Furthermore, the property offers ample parking space for over 50 vehicles, ensuring seamless accessibility for both guests and event attendees.

Outside, a charming swimming pool beckons guests to relax and rejuvenate in a serene outdoor environment. Additionally, an unfinished entertainment area presents an exciting canvas for expansion and customization, allowing for the creation of a unique and versatile space that can cater to social gatherings and special events.

Features

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0
Zoning:
Commercial
Interior
Air Conditioning
Yes
Exterior
Security
No
Sizes
Floor Size
2,379m²
Land Size
3,965m²

Illovo, Sandton

Resting between Midrand and Randburg is the affluent area known as Sandton. Falling under the Metropolitan Municipality of Johannesburg, this well-known city is renowned for being one of the wealthiest areas in Gauteng – apart from its sought-after residential suburbs; Sandton has similarly grown into a thriving node of commercial and retail property. Established in 1969 and spanning a total of 143.54 km2,...
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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

326,667.76

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