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R19,000,000

Monthly Bond Repayment R183,354.11
Calculated over 20 years at 10.0% with no deposit. Change Assumptions

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Monthly Rates
R1,300

Wedding Venue - George - Garden Route

Situated in one of the most beautiful and tranquil areas of the South African countryside with clean and fresh coastal air, with a distinguishing flair and unique luxury combined. Use it as a private manor with a separate vast private entertainment area or a boutique guesthouse with a top wedding (or any functions) venue... all with a good sustainable income but with huge potential still... Location: 8 km West of George airport, Western Cape. 8 km From the pristine Glentana beach. Size: The land is 26 ha. Two structures with a total combined floor area of 1 805 m2 . Features: The following are the main current features of this property: Two unique and very strong structures. One perfect for a five-star, four-roomed boutique guesthouse; the other a very successful venue (290 functions in 10 years, mostly by word-of-mouth). The combined income can quite easily sustain a respectable income with proper marketing, especially with adding accommodation. Seven dams. Huge potential for development (accommodation and themed-park). A valley holding one dam where rifles can be shot safely without neighbours complaining. Unobstructed and panoramic views of the Outeniqua Mountains from within both structures.It often receives Fancourts function overflow.

Features

4
0
Pets Allowed
Yes
Interior
Bedrooms
4
Kitchens
1
Reception Rooms
3
Furnished
No
Sizes
Floor Size
759m²
Land Size
256,960m²
Extras
type - lifestyle,Water - Dam,Venues

George Rural, George

George is the sixth oldest town in South Africa, situated in the beautiful Western Cape Province and is the Capital of the Southern Cape. The town is very centrally situated: halfway between Cape Town and Port Elizabeth and centre of the Garden Route - ideal from where to explore the areas many variant and diverse scenic wonders. Situated on a 10 kilometre plateau between the majestic Outeniqua Mountain to the north...
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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

183,354.11

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