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A Business Opportunity full of Real Estate Titles

An opportunity exists for a "property savvy investor".
Purchase all the property and get the business activities as an add on.
The investor will be buying four studio flats, as well as a commercial business premises on the grounds of a buzzing resort.
The properties are all running with healthy business activities, not limited to letting, laundry, restaurant & add on maintenance contracts.
The value of the ownership is in the "Property"
The package includes
4 x Studio style apartments, which are let short term, and medium term. Each apartment consists of a bedroom, bathroom and kitchenette, with french doors opening up onto a semi private common area, with exclusive use of the barbeque facilities and a covered patio attached to the unit. The units have direct access to the beautiful Keurbooms beaches, and there are two swimming pools in the complex. There is also a covered carport for each unit. The units form part of a resort, and each have individual title deeds. Income producing....
Secondly, as the investor you will be purchasing a +/- 200m2 commercial property on the premises that is presently been used as a laundry facility for outsourced facilities to the entire resort, as well as a small restaurant / coffee shop and mini convenience store with the basics.
The owners managed to acquire an event liquour license, for high season, (which would need to be renewed). There are many team building conferences held here, wedding parties in need of acccommodation, and due to the letting side, the other owners too are part of a rental pool managed right here. The package includes all that you need to turn key into a new lifestyle down in Plettenberg Bay. All kitchen and laundry equipment, furniture, fittings, coffee machines, fridges, cutlery and crockery etc is in included in the deal.
Additional income is derived from this avenue, as well as maintenance contracts that are add ons to the business. There is so many different avenues to add to the business, think about "ready made meals and braai packs",. The main booking phone numbers all come through to this centralized space.

The business is free! The property is purchased.
To discuss in detail please contact me to expand on this great opportunity.
The venture includes all 4 apartments furniture, fittings, electronics, linen, cutlery and more.
The commercial business includes all moveables, equipment, machinery, furniture, and more.
Simply put, it is a business full of property titles!

Features

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Zoning:
Commercial
Exterior
Security
Yes
Extras
Alarm System • Security Gate

Keurboomstrand, Plettenberg Bay

Plettenberg Bay is one of South Africa's favourite outdoor playgrounds along the Garden Route and a preferred holiday destination. Whether it's lazy days on sun drenched beaches, boutique shopping, indulgent wine tasting, fine dining under the stars, phenomenal wildlife experiences or outdoor adventures, you'll find it here in Plett. Plettenberg bay is a perfect blend of coastline, forest, rivers and farmland...
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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%
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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%
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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

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Monthly Payment

106,522.09

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