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R4,900,000

Ocean view guest house

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Monthly Rates
R3,080 Excl. VAT

Potential, Position & Perfectly Priced Commercial establishment for Sale in Umkomaas

This quaint lodge has 6 sea facing units and sea facing communal areas. The lodge is a silver crown winner that is contracted to more than one time share operator. This keeps the lodge busy and full with a fantastic occupancy rate. Invest in this business as a going concern as it comes fully furnished and serviced and has well trained staff to ease a new buyer into the daily operations and running of the business.

The lodge has 2 x 6 sleeper units and 4 x 4 sleeper units. They are currently not self catering but the units can easily be converted to self catering. The lodge has a fully equipped laundry and kitchen to cater for all the guest needs with chef and cleaners. Common dining room, lounge and built- in braai with separate guest toilet off the reception.
Spare room with en-suite for the on site manager.

Tilly shed for storage of garden equipment.
Staff quarters (1 bedroom), which is currently used as the Chefs room. Separate staff bathroom with toilet.
This great investment is waiting for you to view.

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
800m²
Land Size
2,024m²

Umkomaas, Umkomaas

Umkomaas, a small coastal town on the subtropical south coast of kwaZulu-Natal. Umkomaas is located 48 km south of central Durban. The Umkomaas or Mkomazi River is a dominant feature of the area, being the largest river on the South Coast. The river is 298 kilometes long, from its source just south of Giant's Castle in the uKhahlamba / Drakensberg Park World Heritage Site to its mouth on the Indian Ocean. The...
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There is no doubt that the market for sales and rentals will offer challenges when we come out of the Covid-19 Lockdown. Aside from possible restrictions in terms of viewings and personal contact, the market, property...
 
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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 Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

69,594.44

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