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R160,000,000

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Monthly Rates
R20,000 Excl. VAT

Completely revamped and renovated prime hotel and entertainment centre

Features
1803 sqm extant
Hotel has 24 fully equipped bedrooms and suites with option to increase additional Bulk
Hotel has onsite liquor licenses with multiple bars and cold storage rooms
Club 1 features bar and sound for entertainment with its own ablutions and licenses
Club 2 features VIP section with entertainment bar and sound and ablutions
VIP main lounge
Industrial / commercial equipped kitchen with all fittings and fixtures and cold storage rooms
Licence Gaming room with option of 40 machines
Hotel has licensed off site bottle store with cold rooms and storage
3 phase power plus large generator during power outage
Fully secure exclusive parking bays
Vetting qualified and serious buyers

Features

0
10
Building Name:
beacon hotel pty ltd
Zoning:
Commercial
Interior
Air Conditioning
Yes
Power 3 Phase
Yes
Exterior
Security
Yes
Sizes
Floor Size
1,803m²
Land Size
1,803m²
Parking Bays
Open Parking Bays
10

Point, Durban

Durban has an interesting history, Vasco da Gama’s passing in 1497, Lieutenant Farewell and Shaka. In 1823 Farewell took part in a British expedition to Natal and then decided to start a settlement there. He persuaded 25 other British colonists to join him, and in June 1824 he built the first houses. Only four of these original settlers remained with him. In July 1824 he visited Shaka from whom he received a...
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In the news

Durban's finally making a point
Durban’s Point Development began with a bang, and has whimpered ever since. Stalling, indecision, and the latecomer to the mix, the National Credit Act, all conspired to ensure that the Point was never made. But...
 
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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

2,226,703.15

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