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R2,750,000

Monthly Bond Repayment R29,801.94
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R1,800

Dream family home close to the beach...

If you are looking for a home that not only accommodates you but fee-paying guests, this is the property for you.

This 6-bedroom palatial home ticks all the boxes for a successful venture - it superbly located in the ever-popular Ramsgate with its blue flag beaches, it has stunning views of the ocean & its open for business with the turn of a key.

Just off the main road running as a golden thread through the Hibiscus Coast it is easily accessible from every direction and provides for ample "wheel-traffic". It is centrally located close to restaurants, art galleries, coffee shops & eateries.

The main building houses two en-suite sea-facing bedrooms, perfect for the "hotelier". There is further an expansive deck to entertain guests on, with splendid views of the ocean, sunrises & sunsets.

Offer your guests the opportunity to soak up the coastal sun next to the swimming pool and lush garden & end the day with sundowners in the large dining area or on the viewing deck.

Every one of the expertly done rooms are en-suite, with two rooms on the upper level, two in the main house and two more on the lower level right next to the pool.

Furthermore, there additional staff lodging so as to enable you to cater to your guests every need at any hour of the day.

Call me to view this lovely property!

Features

6
6
1
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
6
Kitchens
1
Reception Rooms
2
Exterior
Garages
1
Carports / Parkings
1
Security
Yes
Domestic Accommodation
1
Pool
Yes
Sizes
Land Size
1,012m²
Extras
Ideal for B/B or air B/B Investment

Ramsgate, Margate

The quaint village of Ramsgate is situated on the KwaZulu-Natal Lower South Coast. A favourite destination of generations of South Africans it has seen seasonal influxes of domestic tourists since the 1950's. It is located at the mouth of the Ibilanhlolo River, meaning "the marvellous boiler", due to the bubbles caused by strong currents. In 1922, a painter and violin maker called Paul Buck opened a trading...
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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

29,801.94

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