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R8,700,000

Monthly Bond Repayment R91,285.27
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Rates
R7,200

Commercial self catering chalets on the Beach

Commercial Beachside Self Catering Chalets fully furnished and fitted for guests to enjoy the beautiful South coast beaches and weather.
There is a direct pathway onto the famous surfing and swimming beach of St Michaels on Sea and only a short stroll to Shelly centre where guests can shop eat out or visit nearby pubs and grub.
There is a communal pool and outside braai area which proves extremely popular for golf tours, overseas visitors here for the famous diving and deep sea fishing trips or just holiday folk getting the most for their hard earned cash.
Each of the 7 chalets is kitted out for the guests convenience and comfort during their stay as there is a Manager on site to assist with any queries.
Each chalet has either 1 to 3 bedrooms and all have a lounge area, granite kitchens and showers/ bathrooms. Most have a private enclosed patio outside the unit and it’s Pet Friendly.
Secure On site parking is available with electric fencing and walling surrounding the property.
Uniquely situated on the sand dunes on the beachfront one can wander down the pathway through magnificent milkwood trees and along a beautiful lawned park area directly onto the beach.
Besides being a lovely holiday spot an Investor could turn this into semi- Retirement accommodation or any other potential ideas as the Zoning allows for Commercial usage.
What an Opportunity – Lets talk !

Features

15
10
3
Pets Allowed
Yes
Interior
Bedrooms
15
Bathrooms
10
Kitchens
9
Reception Rooms
18
Studies
1
Exterior
Garages
3
Carports / Parkings
6
Security
Yes
Flatlet
7
Pool
Yes
Sizes
Land Size
1,761m²
 
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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

91,285.27

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