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R9,995,000

Monthly Bond Repayment R106,589.64
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R5,826

Well Established Guest House in Amalinda, East London.

Lucrative property in a prime suburb.

We are proud to present this huge property with endless opportunities. Situated in a good area of Amalinda, this is a good option for making a profitable income. It is close to the main road and a few minutes away from the National Road ( the N2). Popular beaches, well-known hotels, game reserves and other amenities are a stone's thrown away from this property.

The property boasts the following:
-24 double rooms that are meticulously designed and most have their own balconies
- 24 bathrooms attached to each bedroom
- a boardroom that can be used for smaller / private meetings
- a conference room that is ideal for bigger meetings, seminars and/or workshops
- a well-equipped kitchen for preparing gourmet meals
- lounge and a dining room and
- a cozy reception room

The property has a huge pool where guests can relax. There is a braai area for additional entertainment. There are 12 safe on-site parking areas within the property. Installed are 6 water tanks which come in handy to augment water consumption. The property is fully walled with a 24-hour security surveillance system.

This property is well-priced and is a good property to invest in.
Call me for viewing!!

Features

24
24
Interior
Bedrooms
24
Bathrooms
24
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Carports / Parkings
12
Security
Yes
Pool
Yes
Sizes
Land Size
1,236m²

Amalinda, East London

Located halfway between Durban and Cape Town, and at the northern end of The Sunshine Coast, property investors will come home to a city with a seaside lifestyle. A sub-tropical climate compliments golden sun kissed shores, where waves soak the sand on pristine, uncommercialised beaches. In East London, there is a place for everyone to call home. If your budget and lifestyle is conducive to luxury living, suburbs...
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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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Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

106,589.64

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