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R15,000,000

Monthly Bond Repayment R144,753.25
Calculated over 20 years at 10.0% with no deposit. Change Assumptions

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Monthly Rates
R4,000

23 Bedroom House For Sale in Paradise

A total of 13 fully renovated and tastefully decorated apartments make up this centrally located development, which has been operating as a 24 bedroom self-catering holiday accommodation establishment since December 2017. The company has shown good growth and is already achieving 50% occupancy.This demonstrates that the business is easily transferred as it is not reliant on personal contacts/relationships for its client base.

The complex is centrally situated, just off the N2 and within easy walking distance of the Knysna Mall on Main Road. Each unit has its own balcony where residents may enjoy the facilities that have been provided. Wifi and air conditioning are standard throughout. Electronic gates provide access control and secure parking for guests.

The company is VAT registered (selling price excludes VAT) and full financial statements are available on request.


Features

23
13
Interior
Bedrooms
23
Bathrooms
13
Exterior
Security
Yes
Sizes
Floor Size
800m²
Land Size
1,828m²

Paradise, Knysna

Knysna is a natural paradise of lush, indigenous forests, tranquil lakes and golden beaches. She nestles on the banks of a breathtakingly pretty lagoon, now a protected marine reserve that is home to the extraordinary sea horse and over 200 species of fish. Beaches, lakes, mountains and rivers provide endless opportunity for leisure and outdoor adventure. Within the town, craft shops, flea-markets and cosy...
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In the news

Century City remains an investor's paradise as shortage of land looms
So says Helga Clemo, MD for Seeff Century City, who has worked in the suburb for 11 years. Century City has experienced a 16% growth in freehold property prices and up to almost 16% growth in some sectional title complex prices...
 
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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

144,753.25

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