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R4,300,000

Monthly Bond Repayment R45,118.01
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Rates
R3,800

Incredible Going-Conern Opprotunity.

The property consists of a well-established 3 Star Tourism Rated B&B Guesthouse.
The first large main house provides a seamless open-plan kitchen equipped with all the modern amenities you need, a dining room, and a luxurious living area with an elegant overhead interior design. It also has an additional .... family room/TV room. There are three spacious bedrooms, with the master having a full modern en-suite and a sliding door leading out to the swimming pool and entertainment area.
The second property is made up of a stunning two-bedroom unit that overlooks the swimming pool.
The third property is a double-story house that hosts four spacious, modern-style bedrooms.

This business is rated highly for cleanliness, comfort, location, and value for money. A great investment and an uncommon opportunity. In total 6 bedroom units generate income with their high occupancy rate and reputation that precedes itself. A sought after accommodation in an accessible location for the traveler in mind.

Call us today for a viewing!

Features

9
8
2
Pets Allowed
Yes
Interior
Bedrooms
9
Bathrooms
8
Kitchens
1
Reception Rooms
2
Exterior
Garages
2
Security
Yes
Pool
Yes
Sizes
Floor Size
1,217m²
Land Size
1,206m²
Extras
Security Gate • Outdoor Beams • House Style: Contemporary • Views: Private • Views: Urban • Locality: Close To Schools • Locality: Close To Shops • Locality: Close To Transport • Living Area: Formal Dining • Living Area: Formal Lounge • Living Area: Open Plan • Kitchen: Modern • Kitchen: Open Plan • Kitchen: Breakfast Bar • Kitchen: Double Sink • Kitchen: Pantry • Kitchen: Under Counter Oven • Kitchen: Finish • Kitchen Finish: Granite • Main Bedroom: Double • Main Bedroom: Built-in-robe • Ensuite: Bath • Ensuite: Separate Shower • Bedroom 2: Double • Bedroom 2: Built-in / Wardrobe • Bedroom 3: Double • Bedroom 3: Built-in / Wardrobe • Main Bathroom: Bath • Main Bathroom: Separate Shower • Laundry: In Kitchen • Window Coverings: Blinds • Insulation: Floor • Heating / Cooling: Ceiling Fans • Heating / Cooling: Split Cycle A/c • Outdoor Living: Entertainment Area • Outdoor Living Entertainment Area: Covered • Outdoor Living Entertainment Area: Paved • Outdoor Living: Garden • Outdoor Living: Verandah • Outdoor Living: Washing Line • Pool: Chlorine • Pool: Inground • Garaging / Carparking: Double Lock-up • Garaging / Carparking: Auto Doors • Land Contour: Flat To Sloping • Condition: New • Condition: Excellent • Window/door Frames: Timber • Window/door Frames: Aluminium • Water Supply: Town Supply • Sewerage: Mains • Security: Electric Fencing

Veld En Vlei, Richards Bay

Introduction Welcome to Richards Bay, a vibrant coastal city on the Indian Ocean coast of KwaZulu-Natal, South Africa. Its natural beauty, busy port and relaxed lifestyle make it a perfect blend between urban living and beach living for the residents and visitors alike in Richards Bay. For those contemplating relocation or just visiting this place, it has unique picturesque landscapes as well as a rich cultural...
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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

 

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Monthly Payment

45,118.01

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