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R3,200,000

Monthly Bond Repayment R30,352.54
Calculated over 20 years at 9.75% with no deposit. Change Assumptions

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Monthly Rates
R6,500

ESTABLISHED GUEST HOUSE FOR SALE IN THE SORT AFTER DIVE MECCA UMKOMAAS

This beautiful guest house with partial sea views is for sale in Umkomaas. Four star standard establishment. With 9 en-suite guest rooms and ample secure parking, this gem is walking distance from the golf course and popular scuba diving area of Umkomaas. Equipped with a free standing managers cottage and staff quarters, this beauty sits on 2023sqm of flat land. The well appointed dining room and pool entertainment area is ideal for sports viewing and lazy afternoon sun downers.

The business is self contained with its own laundry and linen room. The dining room has beautiful wooden floors and a fire place for those chilly winter nights.
The rooms are tastefully decorated and the warm wooden floors and the crisp linen give it a clean feel. This is a walk in and take over business that boasts a wonderful occupancy rate.

The Aliwal Shoal is a rocky reef which is the remains of an ancient sand dune approximately 5 kilometres (3.1 mi) off the coast of KwaZulu-Natal, South Africa. The reef is inhabited by many kinds of hard and soft corals and a variety of tropical and subtropical fish species. Aliwal Shoal was named after the near-sinking of the 3 Masted vessel "Aliwal", captained by James Anderson, in 1849. There are two wrecks near the reef that are popular recreational dive sites. The Norwegian bulk carrier, the MV Produce which sank in 1974, and the SS Nebo which sank in 1884. Aliwal Shoal has diverse marine life including large predators and is popular as a recreational scuba diving destination. The Shoal is known especially for its abundance of Grey nurse sharks (known locally as ragged tooth sharks or "raggies") between July and November when the sharks congregate there to mate.

If you always dreamed of owning a guest house this is ideal as it is well situated and already has regular clientele.
Call to view.

Features

9
10
Interior
Bedrooms
9
Bathrooms
10
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Carports / Parkings
18
Security
Yes
Flatlet
1
Pool
Yes
Sizes
Land Size
2,023m²

Umkomaas, Umkomaas

Umkomaas, a small coastal town on the subtropical south coast of kwaZulu-Natal. Umkomaas is located 48 km south of central Durban. The Umkomaas or Mkomazi River is a dominant feature of the area, being the largest river on the South Coast. The river is 298 kilometes long, from its source just south of Giant's Castle in the uKhahlamba / Drakensberg Park World Heritage Site to its mouth on the Indian Ocean. The...
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An overview of the rental market in KZN - Seeff
Despite some challenges the rental demand in many areas of KZN is robust. This is due to a combination of factors including the fact that many people can't afford to buy property, new employment opportunities that have arisen,...
 
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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:

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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

30,352.54

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