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R7,000,000

Monthly Bond Repayment R74,650.07
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R250

ROCKY RIDGE FOR SALE

Listing Updated 04/07/2024

Welcome my name is Steven, your South Coast real estate partner. Let's navigate property together. I'm devoted to transforming your aspirations into dwellings. Your dream is my mission. Let's make it real.
If you require Photos or any information regarding this property, Please feel free to contact me.

Calling all investors! This is Negotiable!!

Welcome to the heart of Ramsgate, where an iconic and thriving Music and Event establishment is now available for your consideration. Rocky Ridge, spanning an impressive 4,395 hectares of prime land, presents a plethora of exciting opportunities. Nestled amidst breath taking sea and countryside vistas, this site offers a refreshing breath of fresh air with every visit, making it a true gem.

Distinguished by its rich history, Rocky Ridge has played host to some of South Africa's most renowned musicians, adding to its allure and charm.

Key Property Features:

Versatile Accommodation: The property boasts backpackers' accommodations for up to 11 guests, with additional rooms for expanding your hospitality offerings.

Local Attractions: Its strategic location ensures that local attractions are effectively promoted to tourists and the wider community, enhancing your revenue potential.

Licenses: Rocky Ridge holds both Liquor and HEMP licenses, opening up various business avenues.

Entertainment Hub: The main bar and restaurant area, featuring an open-plan stage and stacker windows, provide patrons with breath taking countryside and sea views.

Second Bar Arena: Another remarkable space awaits with a large bar, two stages (one undercover and one open-air), and sweeping views of the ocean and countryside.

Fully Equipped Facilities: Enjoy the convenience of a fully equipped kitchen and reception area, ensuring seamless operations.

Accommodation Variety: In addition to the backpackers' dormitory, the property features an owner's house with 2 bedrooms, a bathroom, a patio, and an open-plan kitchen and lounge. Two small wooden houses and two cottages with open-plan kitchens, lounges, patios, and bathrooms offer further accommodation options.

Supporting Infrastructure: Rocky Ridge includes various farm buildings for staff, workshops, boreholes, multiple water tanks, and a dam at the bottom of the farm, ensuring self-sufficiency and operational efficiency.

Security: The property is fully walled and fenced around the buildings, equipped with automatic gates, ensuring the safety of your patrons and assets.

Infrastructure: The roofing comprises asbestos and clear IBR sheeting, while the walls feature a combination of rock, brick, and plaster. Pathway paving leads to all main areas, and ample secure parking is available.

For detailed financial information and to seize this incredible investment opportunity, please get in touch with us to schedule an appointment. Don't let this chance slip through your fingers - act now to secure your stake in this exceptional venture.

Don't miss out on this spectacular site.

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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

 

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Monthly Payment

74,650.07

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