Property
South Africa

8

Beds

4

Baths

15

Parking

4,000 m²

Floor area

4,000 m²

Stand size

Commercial 8 beds 4 baths 4,000 m²

About this property

Overview

This remarkable property offers more than just a home—it is a lucrative investment opportunity with the potential to generate R30,000 per month in income. Designed for flexibility and future growth, it presents buyers with multiple revenue streams, from a thriving bed-and-breakfast setup to hosting events, while also featuring a dedicated manager's residence to streamline operations.

Features & Development Potential

  • Thriving bed-and-breakfast setup
  • Event hosting capabilities
  • Dedicated manager's residence
  • Large piece of ground with space for further development
  • Potential to expand into additional cottages or eco-living units

Location

Within 20 minutes' drive of the industrial hub of Richards Bay and world-class game reserves, the property is ideally positioned to attract both corporate tenants and tourists.

Rooms & layout

Bedroom × 8
Bathroom × 4
Garage × 15

Features & amenities

Bed and breakfastEvent hostingManager's residenceDevelopment potentialEco living unitsInvestment opportunity

Price & ownership

Asking price R 3 000 000
Price per m² R 750
Municipal valuation -

Cost to buy (indicative)

Purchase type is not confirmed below. Transfer duty is estimated for a standard resale (not a VAT-inclusive developer or vendor sale). Check with the agent.

Upfront split

Property price R 3M
Taxes + legal + admin fees R 161,1K

Rough split: 94.9% purchase price, 5.1% buying costs.

  • Asking price R 3 000 000
  • Transfer duty (est.) R 107 356
  • Deeds Office (transfer) R 2 607
  • Conveyancing (est., incl. VAT) R 51 125
  • Deeds lodgement R 52
  • Total indicative R 3 161 140

Estimates from SARS transfer duty tables, Deeds Office–style fees, and LSSA conveyancing guidelines. Not financial or legal advice. Confirm with your attorney. Duty uses the higher of price or market value.

Table ref: sars_2025-04-01

Bond Calculator

R 28 330 /month

Total paid over 20 years (deposit + repayments): R 7 099 179

Deposit 10% · R 300 000
Loan term 20 years
5 yr 30 yr
Interest rate 11.25% p.a.
5% Prime ~11.25% 20%

Monthly repayment vs interest rate (deposit fixed at 10%)

Monthly repayment vs deposit percentage (rate fixed at 11.25%)

Indicative estimate only. Loan of R 2 700 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 3 000 000