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R2,999,000

Monthly Bond Repayment R31,982.22
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R3,005
Fly to Margate!

Huge house with great potential to be a guesthouse or bed & breakfast in Ramsgate, KZN

Discover an exceptional living experience with this expansive eight-bedroom, seven-bathroom home located in the heart of Ramsgate, KZN. From the moment you step inside, the true beauty of this property reveals itself, offering breathtaking 180-degree ocean views from a spacious upper-floor bedroom, where you can enjoy the vast expanse of the Indian Ocean.

Beyond its striking façade, this residence is designed with both elegance and functionality in mind, making it an ideal choice for large families or an attractive investment opportunity as a guest house or B&B. The property is thoughtfully arranged to accommodate a variety of living arrangements, with a grand oak kitchen featuring granite countertops, a five-burner gas hob, and ample cupboard space for all your culinary needs.

The heart of the home is a generously sized open-plan dining area, positioned centrally, with bedrooms arranged around it in a unique horseshoe layout. This design maximizes space and ensures convenience. A lovely patio at the back overlooks a beautifully maintained swimming pool, creating a perfect setting for enjoying sundowners and relaxing in your private oasis.

Situated just a short distance from the beach, the ski-boat club, and popular local spots like the Waffle House, this property provides easy access to a range of leisure activities. Nearby, you'll find several stunning beaches, pristine golf courses, and the renowned Wild Coast Sun, all within a short drive.

Additional features include a flatlet, solar system, Wendy house, water features, a greenhouse herb garden, single garage, extra parking space, and comprehensive security measures with an alarm system, security beams, and JoJo tanks for water backup.

This property not only offers a luxurious living space but also presents a versatile opportunity for income generation. Contact us today to arrange a viewing and experience firsthand the exceptional lifestyle this home has to offer.

Features

8
7
1
Pets Allowed
Yes
Interior
Bedrooms
8
Bathrooms
7
Kitchens
1
Reception Rooms
3
Exterior
Garages
1
Security
Yes
Flatlet
1
Pool
Yes
Sizes
Land Size
1,335m²

Ramsgate, Margate

The quaint village of Ramsgate is situated on the KwaZulu-Natal Lower South Coast. A favourite destination of generations of South Africans it has seen seasonal influxes of domestic tourists since the 1950's. It is located at the mouth of the Ibilanhlolo River, meaning "the marvellous boiler", due to the bubbles caused by strong currents. In 1922, a painter and violin maker called Paul Buck opened a trading...
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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

 

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Monthly Payment

31,982.22

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