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R6,750,000

64 Ocean Drive

Monthly Bond Repayment R73,150.23
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R2,356

Time To Mix Business And Pleasure

Experience the pleasure of living in this grand home, while at the same time, making a handsome monthly income from the security of your home!
This immaculate five bedroom en-suite house is strategically located for a live in owner to operate a B&B. The owners would live on the upper level with two bedrooms, and then run the 3 bedroom section on the lower level as a great income producing B&B.The home offers spectacular sea views with a perfectly manicured garden and multiple private patios from the bedroom areas.

The upper level consists of a gourmet kitchen with a centre island leading open plan to the lounge, dining room and large undercover balcony with sea views. The main bedroom is huge with a separate walk in dressing room. The en-suite bathroom is also spacious and modern. The second bedroom (or study if you wish) is also a nice size and also with en-suite bathroom.
On the lower level you have the potential B&B consisting of 3 large bedrooms en-suite. Here too is a kitchen and the common area consists of a lounge, dining area and reading area. Leading out from here is a large patio with Jacuzzi and braai area, and the manicured garden.

There are an abundance of overhead fans with airconditioning in all the bedrooms for the hotter nights.The extra-large double garage is fitted with lots of cupboards & neat shelving and has direct access to the upper and lower level.There is also a maid’s room with bathroom. Besides the garage, there is ample space to park numerous additional vehicles. An alarm, external beams, and a camera/intercom system completes the picture.

Features

5
5
2
Pets Allowed
Yes
Interior
Bedrooms
5
Bathrooms
5
Kitchens
2
Reception Rooms
4
Studies
1
Exterior
Garages
2
Carports / Parkings
5
Security
Yes
Domestic Accommodation
1
Pool
Yes
Sizes
Land Size
961m²
Extras
Jacuzzi
 
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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:

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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

73,150.23

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