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R4,800,000

88 Main Road

Monthly Bond Repayment R51,188.62
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R1,396

B3 business rights on 2 717 sqm, Main Road, Kleinmond

Zoned as Business B3, here is a rare find: Currently, a 4-bedroom home used as residence with separate buildings used to run two independent businesses. The building structures are located on a massive 2 717 sqm erf, half of which is currently completely open and unused, lending much scope for extension and redevelopment.
With the B3 rights, and with approval from Council, the following may be allowed on the premises: Bottle store, clinic, conference facility, dwellings and apartments, town housing, tourist accommodation, hotel, a place of assembly, worship, entertainment, or instruction, a recreational building, a service station, and trading services.
The vacant area is open greenfield begging for redevelopment, offering loads of potential. With business rights, anything is possible for the savvy investor.
The existing residence comprises an oversized kitchen with separate washroom/scullery, separate dining room, a bar/lounge/family room, four bedrooms, two bathrooms, braai room, private courtyard, garage for two cars, and of course the large expanse of open lawn at the back of the house, itself around 1 300 sqm in size.
Of the four bedrooms, the largest is a main-en-suite, while the other bedrooms share a bathroom with toilet, shower, and bath. Another toilet facility is accessible from the passage joining all the bedrooms, one of which is currently used as an office/study.
The outbuildings on the premises house two separate businesses, the office space of which shares a kitchen and bathroom. These buildings have another large courtyard comprising two sections which have their own off-street entrance. The current tenants have a month-to-month lease agreement and are keen to stay on the premises generating an income for the new owner.
The erf and its building structures offer vast opportunities to keep as-is or to redevelop. In all, the entire premises is more than four times the size of a standard Kleinmond residential erf, and then some. The building area under roof is 345 sqm in extent.
Current building plans are available to view by request.



Why this property?
- Business rights on Main Road.
- Property comprises a large residence and established business premises.
- Erf size 2 717 sqm, half of which is still completely vacant.
- Centrally located right in the heart of Kleinmond, mere minutes from everywhere in town.
- Close to all shopping and other business amenities, as well as tourist attractions.
- On the sewer line, so no septic tank required.




About Kleinmond
Kleinmond is located in the Overstrand Municipality, considered one of the best-run councils in the country and receiving clean audits year after year. As testament, it boasts a water quality index of 99.9%.
As a popular zoom town, Kleinmond has all the amenities needed for comfortable modern living, whether you are actively working, considering slowing down, or investing in a holiday or buy-to-rent home. There are several doctor’s rooms, dentists, pharmacies, vets, filling stations, thrift stores, vehicle maintenance and repair workshops, a clinic and primary school, businesses catering for electronics, printing, clothing, crafts, furniture, building material and hardware, and plumbers and electricians, as well as several small shopping centres. Every conceivable service is on hand, all situated mere minutes from your residence.
For absent owners, several businesses attend to home security, garden and structural maintenance, and cleaning. Of course, it is also home to a plethora of tourism-related amenities and activities, as well as a world-class golf course and the Harbour Road entertainment strip.
Kleinmond is just over an hour’s drive from the Cape Town airport, 45 minutes to Somerset West, and 30 km from Hermanus.
The availability of property in Kleinmond is finite. The town is situated in the heart of the Kleinmond Coastal and Mountain Reserve, itself part of the greater Kogelberg Nature Reserve. Bordered by estuaries and wetlands both east and west, a mountain range to the north and ocean to the south, the town’s borders are fixed, with no room for expansion. The result is that only existing open land can be developed, or existing structures upgraded.

Features

4
2
2
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
2
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Garages
2
Carports / Parkings
4
Sizes
Floor Size
345m²
Land Size
2,717m²
Extras
Freestanding • Garden • Office Outbuildings • Perimeter Wall • Mountain View • North • South • Conventional
 
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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%
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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%
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GRAND TOTAL:

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MONTHLY REPAYMENTS

 

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Monthly Payment

51,188.62

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