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R14,800,000

Monthly Bond Repayment R160,388.65
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R2,174

Bed and Breakfast with Unlimited Potential

Within 200 meters from the stunning Pennington beach, this amazing Bed and breakfast establishment is the perfect buy for the entrepreneur who enjoys the success of running a successful, established Bed and Breakfast or Boutique hotel. Situated on an acre of land with gorgeous indigenous trees and a stunning view of the breakers and surf on Pennington pristine beach, this Bed and Breakfast has been in operation for many years and has an established client base.

The enormous dining area with hand crafted wooden dining room suites is the perfect venue for weddings, functions or corporate events. The reception area overlooks the dining room and is neat and inviting. Leading off this area is a wedding chapel which seats at least 50 people and is perfect for the small intimate wedding with picture perfect photo opportunities and an aura of peace and tranquillity.

The spacious kitchen is modern with granite counters, plenty of storage area and is perfect for catering those larger functions. The kitchen comes fully equipped with all the appliances, utensils, crockery and cutlery that will keep any master chef happy.

On the upper level, up a grand wooden staircase are 4 of the guest suites, each suite comprises a bedroom area with full en- suite bathroom, an open plan lounge that leads out onto a private balcony with amazing ocean views. There is also a small kitchenette in each suite. These suites are perfect for the romantic getaway, happy couples or the business- person looking for private cosy accommodation and they all elude an aura of peace and tranquillity in a luxury setting.

There is also a three- bedroom flatlet on the upper level with a full kitchen, with granite counters, hob, oven and extractor fan. A private lounge leads to three bedrooms, each with a en-suite bathroom and leading to the patio with amazing sea views. Each room can each be used as a guest suite or combined to form the owner's apartment. The rest of the units are downstairs and are the family units, 2 of them have an extra room for the children while some are pet friendly with an enclosed garden for the family pet.

The pool and outdoor entertainment area has been designed to host outdoor functions, with a braai facility, tables, umbrellas and a dance floor. There is also a modern ablution block in this area.

The property is sold fully furnished as an operating Bed and Breakfast and is finished with 3 double garages, staff rooms, and many extras

Neither words nor pictures could fully describe this property and all that it has to offer. Call me today to arrange to view and see the full potential

Features

12
12
6
Pets Allowed
Yes
Interior
Bedrooms
12
Bathrooms
12
Kitchens
1
Reception Rooms
3
Studies
1
Furnished
Exterior
Garages
6
Security
Yes
Domestic Accommodation
1
Pool
Yes
Sizes
Floor Size
1,000m²
Land Size
4,047m²
Extras
Fully Furnished
 
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Transfer Costs

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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:
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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:

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MONTHLY REPAYMENTS

 

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Monthly Payment

160,388.65

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