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R2,700,000

Monthly Bond Repayment R29,260.09
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R1,900

Reduced!! Income generating opportunity while retiring at the sea

Picture this..... secure living or holidaying.... sea view, beautiful garden, pool and play area for kids,....close to Ramsgate beach and restaurants......

All of the above and more are available in this beautiful well-established home with its self catering units . Whether you want to use it for permanent living or tenants or continue accommodating holiday makers, the choice is yours. The main house has three bedrooms, two bathrooms and three separate living areas. From the living room and Bar area you have access to the entertainment area which hosts a fire pit and braai area.

In addition to the main house there are five self-catering units. All Units are en-suite with private entrances and easy access to the garden and pool area. One Unit has an extended balcony (recently rubberized) with an amazing sea view. All Units are fitted with fans, have kitchenettes and open plan living areas. All Units are equipped with prepaid electricity meters.

On the outside there is a laundry and staff quarters. There is a double garage and plenty of parking for guests under a shade port.

The beautiful garden is low maintenance and provides ample space for children to play. Three backup water tanks with pump ensures you have water all year round.

The property was recently painted and the roof and balcony rubberized. Other maintenance done includes the upgrading of wiring and plumbing of the main house and the self-catering units.

The property is fully secured with beams and an alarm system linked to a local armed response company.

The price of the property can be negotiated, depending on whether the furniture currently in the Units are included or excluded.

You have to see this!! Call now to make an appointment to view

Features

9
7
2
Interior
Bedrooms
9
Bathrooms
7
Kitchens
1
Reception Rooms
2
Exterior
Garages
2
Carports / Parkings
5
Security
Yes
Flatlet
5
Domestic Accommodation
1
Pool
Yes
Views
Yes
Sizes
Floor Size
650m²
Land Size
4,488m²
 
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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

29,260.09

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