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R5,150,000

35 Munday Avenue

Monthly Bond Repayment R55,810.91
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R4,383

Licensed B&B with Endless Potential!

FANTASTIC INVESTMENT OPPORTUNITY - Whether you are looking to rent out rooms on Airbnb, house an extended family, or lease out as long term rentals, this home has it all to make your residual income dreams come true.
This spacious bed and breakfast is a staple in the Morninghill community, located a stones throw away from the secure boomed entrance by Morninghill Gardens. The main house offers an open plan living room concept, with built-in-bar and a cozy adjoining kitchen with scullery. Sliding doors from the main lounge, open up onto a wonderful covered patio which overlooks the huge garden and aesthetic pool. This outdoor entertainment area is perfect to host guests, offering a built-in braai for cooking up feasts, while allowing easy access to the main kitchen. As you walk down the corridor of the main house you will be greeted by four ensuite bedrooms, all with their own unique flair.

Joined to the main house are four separate, quirky flatlets, which are leased out currently on a month-to-month basis with rentals ranging from R8000 - R12000/month, depending on the flatlet and what it offers guests. There are two net covered carports and one large metal covered carport which easily accommodates 10 cars. The home offers solar power and ADSL as well as prime positioning in picturesque boomed off area.

Call now to see this one of a kind gem!

Features

9
8
Pets Allowed
Yes
Interior
Bedrooms
9
Bathrooms
8
Kitchens
5
Reception Rooms
6
Exterior
Carports / Parkings
10
Security
Yes
Flatlet
4
Pool
Yes
Sizes
Floor Size
550m²
Land Size
1,983m²
Extras
Air Conditioner • Accommodation • Awning • Blinds • Boomed Area • Borehole • Centre Island • Carport • Built In Bar • Built In Braai • Built in Wardrobes • Covered Patio • Curtain Rails • Driveway • Electric Fencing • En Suite • Fibre • Flatlet • Freestanding • Garden • Granny Flat • Intercom • Open Plan Kitchen • Patio • Scullery • Shade Net Covered • Single Storey • Sliding Doors • Tiled Floors • Veranda • Washing Machine Connection • Walk In Closet • Visitors Parking

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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:

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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

55,810.91

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