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R3,495,000

Monthly Bond Repayment R37,271.72
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R2,030

4 Bedrooms House with 9 units for Sale

Listing Updated 09/07/2024

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 or DM me.

Nestled on an expansive plot, this impressive face brick property, adorned with a charming thatch roof, offers a myriad of possibilities for the discerning entrepreneur. Boasting three generously proportioned free-standing wooden cabin cottages, two of which feature one bedroom and one bathroom open-plan layouts, while the third comprises a meticulously designed two-bedroom, one-bathroom open-plan unit currently undergoing the finishing touches.
Once a thriving bed and breakfast lodge, this property has undergone a metamorphosis into a stunning mansion, now capable of hosting numerous guests with style and grace. The main house comprises four bedrooms, two of which boast en-suite facilities complete with showers. The master bedroom, a regal retreat fit for a king, has undergone a modern transformation, featuring an open-plan bath, separate shower, his and her basins, and dual walk-in closets. The pièce de résistance is the bedroom's wooden deck balcony, offering panoramic views of the pool and the breath-taking seascape.
With a recent renovation providing nine rentable units, each equipped with a bedroom, kitchen, and bathroom, the property yields a monthly income of R25,000, with additional vacant units awaiting potential tenants. The meticulously designed kitchen exudes a rustic charm and ample storage, complemented by a separate storage room and an expansive walk-in fridge store room strategically positioned with glass doors facing the entertainment and dining areas.
A remarkable entertainment hub, the property features a "super man cave" bar area, sure to be a topic of conversation and delight among male guests. The lower level extends to a lounge and compact gym area, leading seamlessly to the vast garden and pool oasis. A second living area encompasses a study and guest toilet, with stairs ascending to the main bedroom and an additional guest en-suite bedroom.
Adjacent to the study is another en-suite room and a convenient laundry room, providing practicality and functionality. This area connects to a second lounge, which in turn opens onto the enchanting garden and pool area. A small built chapel and a Wendy house for storage, complete with an attached dog house, enhance the property's versatility.
Adding to its allure, the property shares boundaries with a nature conservancy, ensuring an unobstructed and awe-inspiring environment. With its immense

Features

12
11
Pets Allowed
Yes
Interior
Bedrooms
12
Bathrooms
11
Kitchens
9
Reception Rooms
6
Studies
1
Exterior
Carports / Parkings
10
Security
Yes
Flatlet
9
Domestic Accommodation
1
Pool
Yes
Sizes
Floor Size
1m²
Land Size
6,804m²

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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

R
%

Monthly Payment

37,271.72

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