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R7,999,000

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Monthly Rates
R5,112 Excl. VAT

Prime income generating development property

Located on the border of Warner Beach on an elevated plot (8471m2) with lovely ocean views, this income generating property offers multiple opportunities for a family who are looking for a shared living arrangement or the perfect canvass for an eager developer.

Live in the main house while you enjoy the rental income from the 6 self-contained units (currently R 60 000.00 monthly income) or develop further by adding additional rental units or totally re-develop to maximise the allowed FAR into a brand new sectional title complex. Also an ideal retreat/function venue offering privacy and loads of space.

This property comprises of:

1 x mixed construction main dwelling – 3 bedrooms, 1 bathroom, kitchen, pub, TV room & lounge leading to a covered patio and .

1 x face brick pool house – 1 en-suite bedroom with extra-large open-plan lounge & kitchen.

3 x free-standing face brick duplexes with 1 bedroom self-contained basement units – upstairs units comprising 3 bedrooms, lounge/dining room, kitchen and covered patio PLUS self-contained downstairs units with 2 bedrooms, 1 bathroom + open-plan lounge & kitchen.

3 x garages, 2 x car-ports, staff quarters/store room.

In addition to the buildings on site, this gorgeous site has loads of additional space with tall trees and a fantastic outlook - contact Debbie van Rooyen for more information on this unique property!

Features

0
0
Zoning:
Mixed Use
Exterior
Security
No
Sizes
Land Size
8,471m²
Extras
Above Road • Totally Fenced • Electric Gate • Intercom • Sea • East

Warner Beach, Kingsburgh

Warner Beach, Amanzimtoti: Your Relaxed Coastal Escape Warner Beach in Amanzimtoti is a gem on the South Coast, offering a relaxed and welcoming vibe that instantly puts you in holiday mode. From the moment you step out of your car and feel the refreshing sea breeze on your skin, the soothing sounds of the waves rolling in remind you of the beauty of the world and the simplicity of seaside living. A popular...
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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

110,186.23

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