69ce53d02090fd5ed22d65f1
South Africa

2

Beds

3

Baths

355 m²

Floor area

Commercial 2 beds 3 baths 355 m²

About this property

A heritage corner property on Long Street along the R62, featuring a multi-use commercial and hospitality business. The property includes a clothing boutique with designer garments and curated bric-a-brac, an operational coffee shop and restaurant with liquor licence, and accommodation facilities. Two beautifully appointed en-suite rooms and a self-catering unit with two bathrooms provide reliable rental income. Additional amenities include a fully equipped kitchen, store room, and a private swimming pool sheltered at the rear. The property operates as an integrated lifestyle business combining retail, food and beverage, and accommodation services with established operations and zero VAT registration.

Rooms & layout

Bedroom × 2
Bathroom × 3
Kitchen
Room × 3
Store Room

Features & amenities

Swimming PoolRestaurantCoffee ShopBoutiqueLiquor LicenceHeritage BuildingSelf catering UnitEn suite RoomsAccommodation Rental

Price & ownership

Asking price R 5 500 000
Price per m² R 15 493
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 5,5M
Taxes + legal + admin fees R 466,5K

Rough split: 92.2% purchase price, 7.8% buying costs.

  • Asking price R 5 500 000
  • Transfer duty (est.) R 382 356
  • Deeds Office (transfer) R 4 780
  • Conveyancing (est., incl. VAT) R 79 293
  • Deeds lodgement R 52
  • Total indicative R 5 966 481

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 51 938 /month

Total paid over 20 years (deposit + repayments): R 13 015 161

Deposit 10% · R 550 000
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 4 950 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.