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ALERTS

R8,400,000

24 Park Road

Monthly Bond Repayment R88,137.51
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Rates
R4,004

Guest House Comprising of Two Homes For Sale in Port Alfred

This popular four-star guesthouse spans three properties, each with its own title, and enjoys, exceptional views from its elevated position overlooking the sea, marina, and small boat harbor in Port Alfred. The first home comprises a tastefully decorated lounge complete with a private patio and a built-in fireplace, a dining room, kitchen and master bedroom en suite, and a private study adjacent to the bedroom The upstairs portion of this home is occupied by management with three self-catering guest suites that occupy the downstairs level. Each of these units has a lounge, dining area, kitchenette, bedroom, and bathroom. Most guest suites have extra beds to accommodate a family. Step outdoors to the pool deck and a character-filled honesty bar provides space for the guests to enjoy a congenial, relaxed atmosphere or an evening at the communal pool. The second dwelling comprises of two family guest suites upstairs and a large family unit with two bedrooms downstairs. The upstairs apartments have spacious lounges, kitchenettes and an en suite bedroom each. There are additional beds in both these units. The downstairs portion of this dwelling sports a lovely family unit with open plan lounge, diningroom and kitchen and two bedrooms with a shared bathroom. All three units in the second dwelling have access to a pool deck and sparkling pool overlooking the view. Meander down a flight of stairs through the attractive landscaped garden to the third property where a self contained flat awaits. This unit has it's own access from the street below and comprises of an en suite bedroom with a queen bed and a single bed, a lounge, kitchenette and a private outdoor living area. Added features of these properties include good security with CCTV cameras and outdoor beams offering additional security, a separate laundry, a storeroom, a plentiful supply of plumbed fresh water, an electric perimeter fence and pallisade fence around the entire property, four garages and this sale will include the furniture and contents in all the self catering units. The guest house can accommodate 25 people in total.

Features

9
8
4
Pets Allowed
Yes
Interior
Bedrooms
9
Bathrooms
8
Kitchens
6
Reception Rooms
9
Studies
1
Exterior
Garages
4
Carports / Parkings
8
Security
Yes
Pool
Yes
Sizes
Floor Size
605m²
Land Size
2,748m²

East Bank, Port Alfred

History In the early 1820's Port Frances and Port Kowie were founded. In 1841 South Africa's first man made harbour was opened here.  After numerous name changes, in 1860, Port Alfred was renamed in honour of Prince Alfred, Queen Victoria's son.   Location Port Alfred is located between 2 cities, Port Elizabeth and East London, on the breath-taking Sunshine Coast of the Eastern Cape. The distance from Port...
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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

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

88,137.51

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