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R12,999,000

3 Fair Ways Drive

Monthly Bond Repayment R138,625.19
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R8,000

Sea view Boutique Hotel for sale

Tucked away within walking distance of the Salt Rock beach we find a hotel 2229m2 for sale in close proximity to shops and beaches. With high occupancy and good returns this is a business that will give you a good income. Very popular due to the proximity of the secure beach and ideal for holiday accommodation.

Entrance hall: The hotel is manned 24 hours with the reception area at the entrance with a circular staircase leading up to a few bedrooms

Dining area: This is open pan with the kitchen complete with granite tops and stoves and cupboards
Bedroom area: 10 spacious bedrooms complete with en-suite bedrooms, fully tiled with air conditioners. Sleeping up to 14 people

Flats: Two single bedroom flats complete with kitchens and living areas

Laundry and staff accommodation: Large spacious laundry area complete with staff accommodation

The hotel offers a pool recreation area, 21 parking bays, walled with electric fences and gates. The hotel has 5000 L JoJo tanks, CCTV cameras, borehole, new pool, 36 solar panels 550 w, 2x 12 KVA inverters and 2x 15.1 lithium batteries

This hotel is VAT registered and has full plans
Phone The Wakefields team to organize a private viewing

Features

12
12
Pets Allowed
Yes
Interior
Bedrooms
12
Bathrooms
12
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
21
Security
Yes
Flatlet
2
Domestic Accommodation
1
Pool
Yes
Sizes
Floor Size
1,000m²
Land Size
2,229m²

Salt Rock, Ballito

Ballito, nestled in the heart of the Dolphin Coast, is a true coastal gem. Stretching along the warm Indian Ocean, this area boasts a collection of charming towns and beaches that offer something for everyone. To the north, you'll find Shakas Rock, Salt Rock, Sheffield Beach, and Tinley Manor, each with its own unique appeal. Heading south, Zimbali, Westbrook, Tongaat, Desainagar, and La Mercy add to the coastal...
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INTRODUCING WAKEFIELDS' BRAND-NEW SALT ROCK BRANCH
Open for business, that's Wakefields' brand-new Salt Rock branch! Set in the Sage Centre just opposite popular Mimosa's, it's a contemporary and inviting new-look office where the coffees on the boil, ready for you to walk in and...
 
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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

138,625.19

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