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R22,000,000

1 Verwood rd

Monthly Bond Repayment R234,614.52
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Exceptional Historic Muizenberg Property

Nestled against the majestic Steenberg Mountain, this heritage property offers an unparalleled sense of luxury and grandeur. From its elevated vantage point, the home commands breathtaking panoramic views that encompass the iconic Table Mountain, the serene Zandvlei Lake, False Bay, and the warm South Atlantic Ocean. On clear days, the rugged peaks of the Winelands stand out in the distance, completing this breathtaking land and seascape.
Currently the esteemed 5-star Colona Castle guesthouse, this residence epitomizes timeless elegance and sophistication. It's a sanctuary of tranquility, offering an escape from the modern world's hustle and bustle, where you can unwind to the symphony of birdsong and the sounds of the ocean. Every aspect of this property exudes opulence, from its commanding position to the flood of natural light that enhances its lofty ceilings and generous proportions.
Meticulously renovated in the early 2000s, this estate harmoniously blends contemporary comforts with its original, storied charm. The striking entrance foyer, with its double-volume ceiling, sets the tone for the lavish experience within. The expansive main lounge, with its floor-to-ceiling windows, frames unobstructed views of False Bay and the Zandvlei Estuary Nature Reserve. The home features five sumptuous full suites and three additional bedroom suites, each uniquely themed and adorned with bespoke décor, ensuring an atmosphere of refined luxury. An industrial-grade kitchen, equipped with state-of-the-art appliances, is designed to meet the highest standards, whether for intimate gatherings or grand entertaining.
Muizenberg, often referred to as the gateway to the 'Deep South,' is a coveted destination known for its eclectic charm and family-friendly appeal. This coastal suburb, steeped in history, offers a glimpse into a golden age, particularly within "The Village." The Blue Flag beach is a playground for all ages, featuring waterslides, a sparkling swimming pool, Putt-Putt for the young at heart, and a scenic catwalk. Off the beach, the area boasts gourmet dining experiences, scenic mountain hikes, eco-conscious markets, the historic Masque Theatre, captivating museums, and the vibrant Melting Pot. For golf enthusiasts, the proximity to more than four world-class golf courses adds an extra layer of exclusivity.
Conveniently located, Muizenberg provides easy access to both Cape Town International Airport and the city center, making this an ideal residence for those who value both luxury and accessibility. This is more than just a home; it's a lifestyle and business opportunity of unparalleled elegance and refinement.

Extras include -
Sophisticated security system
State of the art water filtration system
Rainwater catchment
Wine cellar

Features

9
10
5
Pets Allowed
Yes
Interior
Bedrooms
9
Bathrooms
10
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Garages
5
Carports / Parkings
4
Security
Yes
Domestic Accommodation
1
Pool
Yes
Sizes
Land Size
1,250m²
Extras
Alarm System • Atrium • Cul_De_Sac • Fireplace • Intercom • Underfloor Heating • East

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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

234,614.52

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