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R4,565,220

011 Scarborough Street

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Monthly Rates
R6,564 Excl. VAT

Guesthouse in excellent location

Welcome to our luxurious Guesthouse, where convenience meets elegance in the heart of Summerstrand's bustling hub. Situated on a greatly desired street, this enchanting property offers an unrivaled location, placing you just steps away from Pollock Beach, Hobie Beach, Summerstrand Village, and a variety of essential amenities.

This versatile property, currently zoned as Res 1 with a Guesthouse permit and conference facilities, presents a multitude of opportunities. There is even a pending rezoning application to F3, further expanding its potential. While presently serving as student accommodation due to its proximity to Nelson Mandela Bay University, the property's true potential shines through.


Upon entering the Guesthouse, you'll be greeted by a spacious reception/lounge area that doubles as a stylish foyer. With 10 generously sized bedrooms, 5 well-appointed bathrooms, and 4 fully equipped kitchen areas, our Guesthouse ensures a comfortable and delightful stay for all guests.

For added convenience, a separate laundry area is available, enhancing the functionality of the property. Each unit offers the flexibility of individual prepaid electricity, allowing guests to effortlessly manage their electricity usage. The property also boasts secure parking for up to 10 vehicles, featuring a remote gate and electric fencing to prioritize the safety of our esteemed guests.

For clarity and transparency, the property is registered in a Trust which is VAT registered. The listing price EXCLUDES VAT.

To schedule a viewing, please make an appointment in advance to ensure efficient and personalized service. Prepare to experience unparalleled comfort and convenience at our exquisite Guesthouse.

Features

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Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
340m²
Land Size
982Ha

Summerstrand, Port Elizabeth

Gqeberha boasts some of the cleanest and safest city beaches in South Africa. More than 40 kilometers of sun-splashed sand, rims the coast along Algoa Bay.  Hobie, Humewood and the Blue Flag King's Beach, are a few of the beautiful beaches adorning our beautiful area.  The new Boardwalk development is the latest attraction for locals and visitors alike.  It comprises a casino, 140 key 5-Star Boardwalk Hotel,...
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Disclaimer: While every effort will be made to ensure that the information contained within the Harcourts South Africa website is accurate and up to date, Harcourts South Africa 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:

Income

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Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

63,533.69

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