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R9,500,000

Monthly Bond Repayment R91,677.06
Calculated over 20 years at 10.0% with no deposit. Change Assumptions

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Monthly Rates
R14,000

INCOME GENERATING B&B ON GLENASHLEY BEACH

What an opportunity! An income generating home ,with a turnover of approximately R2 million. This is a wonderful chance to run a business, live on the beach; a great lifestyle choice.

The current owners have their own living quarters in the house with a manager running the guesthouse.

The location is perfect for a B&B as it is right on the beach with wonderful sea views and the sound of waves breaking on the beach. There are shopping centres close by, with wonderful restaurants for guests to explore. The vibrant Umhlanga village is a short drive away, with all the shops and restaurants to enjoy.

Easy access to main roads and close to shopping centres, with secure parking for guests on the property.

The property has the potential to expand the business opportunities to increase turnover. All furniture is included in the asking price. .

Features

13
13
Interior
Bedrooms
13
Bathrooms
13
Kitchens
1
Reception Rooms
2
Studies
1
Furnished
No
Exterior
Carports / Parkings
8
Pool
Yes
Sizes
Floor Size
680m²
Land Size
1,012m²
 
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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.

R
R

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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

91,677.06

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