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R3,450,000

Monthly Bond Repayment R37,387.89
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R1,500

Bed and Breakfast, Air B &B, or Separate rentals.

Price includes commission.
Nestled in Newcastle Central this 5 Bedroomed, 5 En-suite each with their own Self-Catering Kitchen B&B, awaits the discerning Business Owner.
It is situated near Private and Provincial Hospitals, the Newcastle CBD, and various schools.

The owner of the property is presently residing on the premises in a beautiful home with an open-plan lounge, dining area, and kitchen.
The kitchen is a Chef's joy with a huge island finished in Caesarstone and ultra-modern cabinetry.
There is 1 Bedroom with an ensuite, an enclosed verandah area, a laundry, and a guest toilet that completes the house. This building can potentially be renovated into another 2 income-generating units.

The remaining 4 Bedrooms all with Ensuites and self-catering kitchens are large and could also suit long-term rentals.
Extra buildings (potential for two more rooms), domestic quarters, reception, office and storage areas, and carports complete this mandate.

Call today for a private viewing.

While every effort will be made to ensure that the information herein contained is accurate and up to date, Seeff Newcastle 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 should make their own enquiries to verify the information contained herein.

Features

5
5
1
Pets Allowed
Yes
Interior
Bedrooms
5
Bathrooms
5
Kitchens
5
Reception Rooms
6
Furnished
Exterior
Garages
1
Carports / Parkings
5
Security
Yes
Flatlet
4
Domestic Accommodation
1
Sizes
Land Size
1,467m²
Extras
Air Conditioner • Awning • Breakfast Nook • Built in Wardrobes • Curtain Rails • Washing Machine Connection • Granite Tops • Special Lights • Dishwasher Connection • Electric Garage • Laminated Floors • Tiled Floors • Electric Gate • Fan • Extractor Fan • Oven & Hob • Under Counter Oven • Sliding Doors • Laundry • Driveway • Burglar Bars • Centre Island • Security Gate • Storage • TV Port • Walk In Closet

Newcastle Central, Newcastle

Tucked into the foothills of the Drakensberg Mountains escarpment, Newcastle is a town of beauty, culture and industry. Once a rural town, it's transformed into a thriving industrial, agricultural and commercial hub. Unsurprisingly, Newcastle was a 2015 finalist in the Kwêla Town of the Year competition. If you're looking for a country vibe with all the perks of modern living, Newcastle is the place to put...
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Seeff Home2Home in action, mobilising food relief for KZN
Following the recent devastating events, the Seeff Property Group immediately mobilised our Home2Home CSR initiative to assist with food relief for KZN in a two-pronged approach with an internal as well as an external...
 
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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

 

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Monthly Payment

37,387.89

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