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R17,850,000

4 Cowrie Terrace

Monthly Bond Repayment R193,441.71
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R21,445.6

Established Business Opportunity or a Stylish Mansion, your choice!

This is the perfect business investment, with a already established corporate client data base. The staff are all well trained. This busy bed and breakfast is situated in a cul-de-sac road in the sought after area of Umhlanga, La Lucia.

Ample parking behind stunning automated entrance gate. It has a borehole plus three submersible pumps. The beautifully decorated pool area is the perfect place to sit, read a book, have a sundowner or just cool down after a hard days work, this area is a definite stress reliever. There is a footpath which gives you direct access to the beach for those early morning walks, afternoon jogs or just to sit on the sand and get lost in your thoughts watching the ocean. Food for the soul.

The establishment offers an office, large dinning area, eleven bedrooms all en-suite bathrooms, some of the large bedrooms have a private lounge area, all of which is tastefully decorated, some stunning antique furniture pieces included. The large kitchen is the perfect size for the morning breakfast run with freshly ground coffee.

Apart from the business side of the establishment it also offers a large apartment upstairs. The kitchen, lounge and dinning room all open plan which leads into a undercover outdoor seating area for entertainment. There is a exceptionally large main bedroom with bathroom en-suite and a second bedroom with bathroom en-suite.

Take a tour on our walk through video to experience this amazing establishment.

This breathtaking property can be purchased as a running business or as a private home fully furnished.

Do not let this golden opportunity slip through your fingers. Call me today to book a viewing.

THIS property is waiting for YOU!!!

Features

13
13
Pets Allowed
Yes
Interior
Bedrooms
13
Bathrooms
13
Kitchens
2
Reception Rooms
3
Studies
1
Furnished
Exterior
Carports / Parkings
8
Security
Yes
Flatlet
1
Pool
Yes
Sizes
Floor Size
765m²
Land Size
1,452m²
Extras
Accommodation • Air Conditioner • Alarm System • Balcony • Basin • Bath Toiletand Basin • Bath • Borehole • Carpets • Coastal Beach • Covered Patio • Courtyard • Cul_De_Sac • Deck • Double Bed • Double Basin • Double Storey • Carport • Electric Gate • Driveway • En Suite • Spacious Entrance Hall • Entrance Hall • Fibre • Flatlet • Freestanding • Fridge • Garden • Laundry • Lighting • Linen Room • Oven And Hob • Oven & Hob • Patio • Open Plan Room • Office • Queen Bed • Residential • Bed and Breakfast • Shower Toiletand Basin • Shower

La Lucia, Umhlanga

Umhlanga - La Lucia: A Coastal Gem with Urban Sophistication Nestled along the eastern coast of South Africa, the Umhlanga and La Lucia area offers a unique blend of stunning beachfront beauty and urban sophistication. These neighbouring suburbs in the Greater Durban area have evolved into one of the most desirable destinations in the country, attracting both tourists and residents alike with their scenic...
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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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Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

193,441.71

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