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R3,200,000

Monthly Bond Repayment R34,125.75
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R1,600

House In St Michaels On Sea

Listing updated 28/08/2014

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.

This expansive property, featuring a striking face brick exterior and a charming thatch roof, occupies a sprawling plot of land with versatile potential. From a business perspective, you have the opportunity to capitalize on its offerings. Three spacious, standalone wooden cabin cottages await, comprising two one-bedroom, one-bathroom open-plan units and a third, nearly completed, two-bedroom, one-bathroom open-plan unit that is undergoing meticulous tiling and finishing touches.

In its previous life, this property functioned as a bed and breakfast lodge, and it has since been transformed into a magnificent mansion, capable of hosting numerous guests. The main house itself boasts four bedrooms, with two of them featuring en-suite bathrooms equipped with showers. The master bedroom, fit for royalty, has undergone a modern renovation, showcasing an open-plan bath, a separate shower, his and her basins, and two walk-in closets. As you set eyes on this exquisite room, you'll be captivated by its opulent fittings and its access to a wooden deck balcony offering sweeping views of the pool and the stunning sea and landscape beyond.

The fourth bedroom can easily be repurposed as a separate flat with its own entrance, kitchen, and a bathroom equipped with a shower.

The kitchen exudes rustic charm while offering ample storage space, a separate storage room, and a substantial walk-in fridge storage area with glass doors that open to the entertainment and dining spaces. For the ultimate in entertainment, there's a remarkable man cave-style bar area that will undoubtedly be a topic of conversation among your male guests. This area leads to a lower-level lounge and a compact gym area, which then opens up to a spacious garden and a refreshing pool.

A second living area awaits, complete with a study and a guest toilet. Stairs lead up to the main bedroom and an en-suite guest bedroom. Adjacent to the study is another en-suite room and a laundry room, both of which connect to a second lounge area that leads to the beautiful garden and pool.

On the property's side, you'll find a small chapel and a Wendy house for storage, accompanied by a built-in dog house. Adding to its appeal, this property borders a nature conservancy, ensuring that no one can encroach upon its breathtaking surroundings.

In essence, this property holds immense potential and is truly a spectacle to behold.

Call to set up an Exclusive Viewing today.

Features

8
9
Interior
Bedrooms
8
Bathrooms
9
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Carports / Parkings
4
Security
Yes
Flatlet
3
Domestic Accommodation
1
Pool
Yes
Sizes
Floor Size
650m²
Land Size
6,802m²

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Call Gert 0844109242 for more info 🗓 Date: Saturday, 21st September 2024 📍 Where: 1 Bank Street, Margate ⏰ Time: 8:30 for 9 AM (2 hours) Let's come together to keep our beautiful coastline pristine! Grab your...
 
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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 Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

34,125.75

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