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R13,000,000

Monthly Bond Repayment R125,452.81
Calculated over 20 years at 10.0% with no deposit. Change Assumptions

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Monthly Levy
R2,600
Monthly Rates
R3,500

Great business : Secure investment

Like new - this entire block of duplexes has been refurbished from top to bottom.
Not only has the outside been done, but on the inside they have replaced all fixtures, fittings, plumbing and appliances.
This fully equipped sectional title block with 13 units, is currently run as a business for short term lets : holidaymakers and business travellers alike, find these units suit them.
All units are air-conditioned.
Conveniently situated near the centre of town, yet just far back enough to get a glimpse of the lagoon.
11 of the units have 2 bedrooms, and 2 have one bedroom.
All have been completely redone with new built in cupboards, new kitchens and appliances, new bathrooms, new decks.
All are fitted out as self catering units, with brand new furniture and bedding - and have been rented out on a self catering basis for short term lets.
Well positioned just above Main Road, and close to the Knysna Mall and shopping areas - this has resulted in excellent turn over the first year of business, and is still increasing year on year.
In Knysna, this block can be quite versatile - it can be used as long term rentals, short term rentals, or the units can be sold off individually.
Excellent business opportunity - own your own block. Secure parking.
The block is already under sectional title, so the units can be sold individually.
Vatable transaction.

Features

24
13
Interior
Bedrooms
24
Bathrooms
13
Kitchens
13
Reception Rooms
13
Exterior
Carports / Parkings
18
Security
Yes
Views
Yes
Sizes
Floor Size
821m²
Land Size
1,820m²
Extras
Fully equipped and furnished for holiday rentals. All units have air conditioners.

West Hill, Knysna

The seaside town of Knysna is a preferred destination for both homeowners and tourists. It graciously lies at the heart of South Africa's famous Garden Route. Holidaymakers often flock to Knysna to enjoy the local food and craft beer, cruise the lagoon, play a game of golf on one of the three world-class courses, or indulge in the yearly Knysna Oyster Festival. According to www.knysna.gov.za the town attracts...
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Investing in a holiday home in Knysna
The lovely city of Knysna is a top destination for both homeowners and tourists. Holidaymakers often flock to this mesmerizing location to enjoy the local food and craft beer, cruise the lagoon, play a game of golf on one of the...
 
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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

125,452.81

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