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R6,300,000

Monthly Bond Repayment R60,796.36
Calculated over 20 years at 10.0% with no deposit. Change Assumptions

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Monthly Rates
R1,650

11 bedroom guest house

Ratanga Lodge is a perfect ongoing guest house business opportunity. Consisting of beautifully and spacious 9 bedrooms and 9 en suite bathrooms downstairs. 6 of these bedrooms have an attached kitchenette which is perfect for a longer stay. There is also a communal dining area for breakfast, braai facilities and a fully equipped laundry room.

Upstairs consists of a small entrance hall, 2 bedrooms, 1 bathroom, lounge with open plan kitchen and dining area, as well as a closed balcony with an added kitchen. There is a borehole and water tank on the property.

This property will be sold as a VAT registered business; therefore no transfer duty is applicable. (A saving of R603 000.00)

Ratanga Lodge is situated in the up and coming Sanddrift Milnerton area just walking distance to Century City, Canal Walk and Sable Square. It is also located near the Myciti bus terminal for easy travelling.

Features

11
10
Pets Allowed
Yes
Interior
Bedrooms
11
Bathrooms
10
Kitchens
8
Reception Rooms
2
Studies
2
Furnished
No
Exterior
Carports / Parkings
1
Sizes
Floor Size
665m²
Land Size
665m²

Sanddrift, Milnerton

A true diamond in the rough, what this suburb lacks in modern design and appeal it more than compensates with potential. It is located directly across from Century City, offering many of the same benefits as Century City, but without the high price tag. The location is hard to beat as Sanddrift is wedged between Milnerton Central and Century City with direct access to major arterial roads such as Koeberg Rd and...
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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

60,796.36

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