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R6,400,000

Monthly Bond Repayment R67,152.38
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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5 Freehold properties offering excellent guest house potential, near beach front

Vartrust presents this unique opportunity to an investor in the Guest House or Accommodation space to own these 5 Freehold properties. The properties are located on a quiet street corner, are a walk to the beach front and a stone throw away from the East London International Convention Centre, shops and restaurants. Collectively these properties offer 52 bedrooms of which 34 are ensuite. Some of the properties are double storey and offer sea views and a glimpse of the East London harbour from the balconies. Between them these properties share two pools.

What an excellent opportunity to own a seaside Investment property, offering so many possibilities.

The property was previously used as a student residence.

Call me for a viewing

Features

52
40
Interior
Bedrooms
52
Bathrooms
40
Kitchens
5
Reception Rooms
10
Exterior
Carports / Parkings
34
Flatlet
2
Domestic Accommodation
1
Pool
Yes
Sizes
Land Size
2,750m²
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Vartrust website is accurate and up to date, Vartrust makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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R

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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

67,152.38

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