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R3,500,000

Monthly Bond Repayment R37,325.04
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R1,600

Income-Generating Investment Property in Dana Bay

**Shared Mandate**
Discover a remarkable investment opportunity in the serene coastal village of Dana Bay. This property, available under an exclusive sole mandate, boasts immense income potential, making it an ideal acquisition for savvy investors. Featuring two separate structures with multiple individual living units, this property is perfect for long-term rentals, a guest house, or an Airbnb venture.

Front Structure:
• Bachelor's Flat: Enjoy stunning ocean views from this cosy and efficient living space.
• 1-Bedroom Flat: This unit offers breath taking ocean vistas, perfect for tenants seeking tranquillity and beauty.
• 2-Bedroom Unit: A spacious unit complete with a full bathroom, a well-established kitchen, laundry point, a comfortable living room, and a dining area, all with beautiful views.

Back Structure:
• 3-Bedroom Unit: Featuring two upgraded bathrooms, this spacious unit offers direct access to a garden area that can be beautifully established. Note that a kitchen is yet to be installed.
• Bachelor's Flatlet: This unit comes with its own sliding door entrance, providing privacy and convenience for tenants.
In total, the property offers five living units consisting of eight bedrooms, six bathrooms, and two kitchens. The structures have recently been painted, retiled, and most bathrooms updated, ensuring a fresh and modern appeal for potential tenants.
Parking is ample, with spaces available on either side of the structures and additional on-street parking bays easily created to accommodate all residents and guests.

Seize this opportunity to own a property with massive income potential in the picturesque Dana Bay. Contact us today to arrange a viewing and start your journey towards a lucrative investment.

Features

8
6
Pets Allowed
Yes
Interior
Bedrooms
8
Bathrooms
6
Kitchens
1
Exterior
Carports / Parkings
8
Security
Yes
Sizes
Floor Size
280m²
Land Size
815m²

Dana Bay, Mossel Bay

Welcome to Mossel Bay - one of the most beautiful towns along the Garden Route in South Africa. This quaint town offers, travellers, residents and investors natural beauty, historical attractions, adventure, luxury accommodation and mouth-watering restaurants. According to the Guinness Book of World Records, Mossel Bay has the second mildest all year-round climate - 2nd only to Hawaii. The town also boasts the only...
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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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

37,325.04

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