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R2,399,000

Monthly Bond Repayment R25,998.13
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R1,900
Fly to Margate!

Fabulous investment opportunity or 7 bedroom family home

Conveniently positioned between Manaba and Uvongo swimming beaches, is this three star graded self catering guest house that sleeps 17 people but can also be converted to a large family home.

Commanding lovely sea views from both the patio with rim flow pool and Jacuzzi, and the upstairs viewing deck, this property offers plenty of accommodation options. The outside guest suites offer privacy and seclusion from the main house, yet interleading doors can provide access to the main house.

The main house has an enclosed patio, open plan kitchen, and large downstairs lounge. Upstairs is a second living area or pyjama lounge, master bedroom and full en suite bathroom. Both the upstairs lounge and bedroom feature sliding doors to a balcony with stunning ocean views.

Two of the self catering units each offer two bedrooms with full bathrooms and there are two one bedroom units with showers en suite.
A covered thatched lapa features a communal dining area, fully equipped kitchen, indoor fireplace, and leads to an outside braai area close to the pool. Guests can also enjoy sundowners from the upstairs viewing deck.

Each guest suite is fully alarmed and there are JoJo tanks for back up water supply. There is secure parking for nine cars and the property has a pantry, laundry and workshop on site.

Whether you are looking to invest in a fully operational and registered business or a coastal home with space for the extended family, this property is a must for your viewing list!

Contact me to book your private viewing

Features

7
6
Pets Allowed
Yes
Interior
Bedrooms
7
Bathrooms
6
Kitchens
2
Reception Rooms
3
Exterior
Carports / Parkings
9
Security
Yes
Pool
Yes
Sizes
Floor Size
300m²
Land Size
1,012m²
Extras
Built-in Kitchen Appliances  • Built-in Wardrobes  • Shared Pool  • View of Water  • Blinds  • Alarm System  • Electric Gate  • Driveway  • Cooling Fans  • Dishwasher Connection  • Extractor Fan  • Eye Level oven
 
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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
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Monthly Payment

25,998.13

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