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R23,000,000

21 Melville Road

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Sophisticated Lodge and Conference Center in Illovo: The Ideal Combination of Comfort and Convenienc

Nestled in the prestigious Illovo area, this exceptional lodge and conference center spans nearly 4,000 square meters, offering a serene retreat that combines comfort with convenience. The property features 24 elegantly designed rooms, a spacious cafeteria, a cozy lounge, a professional boardroom, and a welcoming reception area, making it an ideal venue for both accommodation and conferences. A fully equipped kitchen and laundry facilities ensure seamless operations, while a dedicated gym allows guests to stay active during their stay. With ample parking for over 50 vehicles, the property provides easy access for both guests and event attendees.

The outdoor area boasts a beautiful swimming pool, providing a peaceful environment for guests to relax and unwind. Additionally, an unfinished entertainment area presents a unique opportunity for expansion and customization, offering the perfect space for social gatherings and special events.

Features

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

Illovo, Sandton

Illovo: A Premier Business and Commercial Enclave A Strategic Hub for Corporate Excellence and Retail Growth Accessibility: Illovo is ideally situated between Sandton and Rosebank, making it a prime location for businesses seeking connectivity to Johannesburg's key commercial districts. The suburb is well-serviced by major arterial roads, including Oxford Road, Rivonia Road, and Corlett Drive, ensuring...
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Disclaimer: While every effort will be made to ensure that the information contained within the 3Cube Property Solutions website is accurate and up to date, 3Cube Property Solutions makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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

316,825.03

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