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R10,500,000

142 St Francis Drive

Monthly Bond Repayment R113,789.24
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R2,500

Prime position with many options to consider

This is the ideal opportunity for you if you are in the market to take over an existing successful bed and breakfas or looking to develop our own dream

This property spans over 2 181 m2, divided into two separate erfs one of 1091m2 and the other 1090 m2. The property is wonderfully positioned on the main road in the centre of The Village, at the intersection of Lyme Rd South and St Francis Drive. Currently in the process of applying to the muncipality for the re-zoning to business rights.

The main lodge has 392 m2 floor space. The second property has 100m2 of floor space. There main lodge has 13bedrooms and 1 bathrooms in 9 units including the main house (3 bedrooms 2 bathrooms). The interior design reflects a unique St Francis Bay feel. The second building has two units each witht their privacy. There are cooking facilities in most of bedrooms

The property has enough space to expand

Features

13
12
Interior
Bedrooms
13
Bathrooms
12
Exterior
Pool
Yes
Sizes
Floor Size
492m²
Land Size
2,181m²

St Francis Bay Village, St Francis Bay

Nestled in the Sarah Baartman district of the Eastern Cape lies St Francis Bay. This holiday town is appealing for its variety of activities and homes with scenic views. With plenty to offer, it's no wonder so many people are choosing to invest in property in St Francis Bay.  A brief history of the area The name of this town originated from the Patron Saint of Sailors. A Portuguese sailor sighted this...
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Go for a ride with St Francis Bay Adventures
Situated in the St Francis Bay area, which is a holiday town in the Eastern Cape province of South Africa, you will find St Francis Bay Adventures. Known as South Africa's little Venice, the beautiful St Francis Bay Canals and...
 
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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

R
%

Monthly Payment

113,789.24

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