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R6,999,500

Monthly Bond Repayment R75,854.08
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R2,054

Unique offering in the heart of Pennington

This property spans 3097m² and is zoned for a Bed and Breakfast establishment, offering approximately 900m² under roof. It features electrified boundary walls surrounding the perimeter with automated entrance gates for added security. Additionally, amenities include a borehole for water supply, a solar system for energy efficiency, and a generator for backup power. The property is equipped with an automated irrigation system for maintaining its lush landscape. Gas geyser systems serve the bedrooms, complemented by a gas stove (with an electric oven) in the kitchen. Outdoor amenities include an 8.5 x 4m swimming pool and a veranda with a braai area, perfect for outdoor entertaining. The main dwelling comprises a dining room, bar, formal lounge, kitchen, scullery, study, entrance hall, conservatory, TV lounge, four en-suite bedrooms, staff quarters with an en-suite, and a veranda with a braai area. Additionally, there's a flat featuring an open-plan lounge, kitchen, dining area, and two en-suite bedrooms. The property also boasts eight garages, providing ample parking and storage space.

Features

4
4
4
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
4
Kitchens
1
Reception Rooms
3
Studies
1
Exterior
Garages
4
Carports / Parkings
4
Security
Yes
Flatlet
1
Domestic Accommodation
1
Pool
Yes
Sizes
Floor Size
900m²
Land Size
3,094m²
Extras
24 Hour Response • Above Road • Air Conditioner • Alarm System • Balcony • Auto Cleaning Equipment • Built in Wardrobes • Built In Bar • Built In Braai • Cooling Fans • Coastal Beach • Covered Patio • Curtain Rails • Dishwasher Connection • Driveway • Electric Fencing • Freestanding • Garden Terrace • Mainen Suite • Gas Hob • Paveway • Patio • Scullery • Tiled Floors • Totally Walled • Perimeter Wall • Architect Designed

Pennington, Pennington

Pennington is a much-loved holiday destination on KwaZulu-Natal's south coast. With breathtaking beaches, warm waters and a welcome respite from the hustle and bustle of city life, who wouldn't want to make Pennington their home? A brief history of the area  Pennington is named after an English family who arrived in the late 19th century and farmed in the area. Later, a sugar magnate named Sir Frank...
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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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Expenses

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Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

75,854.08

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