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R11,500,000

Monthly Bond Repayment R124,626.31
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R29,000

17 bedroom Guest Lodge/Bed & Breakfast overlooking the ocean

Perched atop the picturesque Amanzimtoti ridge, this well-established guest house stands as an iconic landmark in the Amanzimtoti area and with it's commanding position, offers breathtaking ocean views.

Centrally located and close to all amenities, this property consists of two individual buildings located on separate erven and boasts an impressive 17 fully equipped guest rooms, each boasting its own en-suite bathroom.
Also featuring a welcoming foyer, a professional reception area, and an administrative office that could serve as a potential 18th guest room if desired and for business/gatherings, there's a boardroom/conference room available.

The catering kitchen is fully equipped to meet the culinary needs of guests, and it's complemented by an adjacent dining room that leads to a splendid covered patio and a sea-view deck, providing the perfect setting for guests to relax and enjoy the scenery.

The property is well secured with full perimeter walling and electric fencing, ensuring the safety and privacy of both guests and the establishment itself.

A splash pool adds a touch of relaxation, and ample off-street parking is available for the convenience of visitors.

This property holds a general residential zoning, offering a range of development possibilities, including a multi-unit development, hotel, or retirement centre.

For more details on this unique property and its myriad of opportunities, please contact Debbie van Rooyen.
This is a truly exceptional opportunity for astute investors or those seeking to continue the legacy of a remarkable guest house.

Purchase price includes VAT, no transfer duty applicable.

Features

17
19
2
Interior
Bedrooms
17
Bathrooms
19
Kitchens
1
Reception Rooms
1
Studies
1
Furnished
Exterior
Garages
2
Security
Yes
Pool
Yes
Sizes
Land Size
3,930m²
Extras
Aluminium Window • Wood Window • Conventional • Sea • East • Air Conditioning Unit • Curtain Rails

Amanzimtoti, Amanzimtoti

The coastal town of Amanzimtoti is the gateway to the KwaZulu Natal South Coast and one of the most popular holiday destinations in South Africa.  'Toti' as it's more commonly known to the locals, which is just 27km south of Durban, hugs a shoreline of beautiful golden beaches along the warm Indian Ocean. Amanzimtoti Beaches & Ocean Activities As is common in the Zulu Kingdom, Amanzimtoti...
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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

124,626.31

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