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R3,400,000

16 Olympic Avenue

Monthly Bond Repayment R36,258.61
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R4,167

6 Bedroom Guest House For Sale in Bluff

Nestled in a prime location, this elegant fully furnished 3-star guest house is now available for sale and is the epitome of turn-key convenience. Boasting a harmonious blend of class and style, this property offers a unique investment opportunity for aspiring hoteliers. Each room is tastefully decorated with modern amenities, ensuring a comfortable and memorable stay for guests. The house features a welcoming reception area, a cozy dining space and beautifully landscaped grounds. With a loyal clientele and excellent reviews, this establishment is ready for its new owner to step in and continue its legacy of excellence. The guest house has 6 neat bedrooms with their own bathrooms. Plus 2 x flatlet downstairs that bring in a monthly income. Electrical bills are reduced by solar panels. Do not miss the chance to own this charming and well-maintained guest house - where sophistication meets comfort,

Features

6
6
2
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
6
Kitchens
2
Reception Rooms
3
Studies
1
Furnished
Exterior
Garages
2
Carports / Parkings
10
Security
Yes
Flatlet
2
Pool
Yes
Sizes
Floor Size
335m²
Land Size
938m²

Bluff, Durban

Durban has an interesting history, Vasco da Gama’s passing in 1497, Lieutenant Farewell and Shaka. In 1823 Farewell took part in a British expedition to Natal and then decided to start a settlement there. He persuaded 25 other British colonists to join him, and in June 1824 he built the first houses. Only four of these original settlers remained with him. In July 1824 he visited Shaka from whom he received a...
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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

R
%

Monthly Payment

36,258.61

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