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R2,990,000

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Commercial property in IFAFA

Set in the beautiful Ifafa Beach this corner property is zoned commercial and would be an ideal developers or investors dream property. There is a little shop and postal service on site with a three bedroom home. One could easily convert this for holiday letting - a walk away to the Ifafa beach. Rental income is about R 18 000 pm.

Ifafa is about 30 km south of Scottburgh and Port Shepstone. Awesome sea views from this property and is next door to the Ifafa Hotel.

Ifafa lives up to its name by being home to incredible beaches with miles of sparkling coastline. Ifafa offers holiday makers quiet sandy beaches and magnificent bays with tidal pools for splashing around in, swimming and an all-round good time. In Ifafa, however, fishing is what most visitors come for.
The Ifafa lagoon and estuary is a tranquil and shimmering water mass that is nestled between low cliffs and dense coastal forests abundant in vibrant bird life.

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
283m²
Land Size
1,189m²
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Seeff Property Group website is accurate and up to date, Seeff Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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

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Monthly Payment

39,513.07

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