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R5,500,000

Monthly Bond Repayment R59,603.89
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R2,500

Magnificent Home ideal for a B&B with serious potential for generating revenue via Airbnb.

This luxurious home is a perfect investment opportunity not to be missed.

This home is ideal for a large family looking for the holiday-style living or someone looking to operate an Airbnb.

It has a beautiful entertainment area with a built-in-braai, a bar, and ample space for the family or guests to enjoy. There is also a door leading to the backyard where you will find a swimming pool and more space to entertain.

It has six spacious air-conditioned bedrooms that have En-suite bathrooms.

Its common living areas include a lounge, pool room, and a separate dining area set next to a stunning kitchen.

There are three lock-up garages and extra parking space.

This property is sold as is with all the fittings.

Make that big move and call us today to secure this dream home!

Features

6
6
3
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
6
Kitchens
1
Reception Rooms
4
Exterior
Garages
3
Pool
Yes
Sizes
Land Size
1,178m²

Meer En See, Richards Bay

Richards Bay at a glance The bustling town of Richards Bay began as a makeshift harbour set up by a Commodore of the Cape, Sir Frederick Richards during the Anglo-Boer War of 1879, and settlement sprang up around a port now named after Richards. The harbour is now the country's largest in South Africa. The town is vibrant and fast becoming the north coast holiday destination, offering spectacular scenery,...
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In the news

Tyson Properties spreads its wings to Richards Bay
Regis Usaiwevhu and Linah Marijeni, who opened the new branch in the Richards Bay CBD this month, confirmed that the city that has built up around Africa’s deepest port and one of just two national Special Economic Zones in...
 
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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

R
%

Monthly Payment

59,603.89

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