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R6,500,000

Monthly Bond Repayment R67,092.25
Calculated over 20 years at 11% with no deposit. Change Assumptions

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Country Air B&B Close to Town

Ideally located within the Chelsea Conservancy this captivating property offers potential owners an excellent opportunity to reap a share of the rewards from Port Elizabeth's ever growing tourism industry.

Sold as a going concern, with existing listings on top accommodation websites, the property is currently fully utilised as an AIR B&B and features a main dwelling divided into 3 apartments as well as 2 additional cottages, an outdoor kitchen, braai facilities, large double garage and outside bathroom. With no major structural changes made during the conversion to a guesthouse, the main dwelling can easily be returned to its original form as a large family home featuring 4 bedrooms, 2 bathrooms, spacious living areas and farmstyle kitchen while the 2 cottages could be retained as income-generating accommodation.

The generous grounds surrounded by indigenous flora and fauna sit comfortably on an elevated position with incredible 180 degree sea views. It offers its residents peace, privacy and comfort while still being within an easy drive of major tourist attractions, some of PE's most pristine beaches and all amenities.

Features

7
5
2
Pets Allowed
Yes
Interior
Bedrooms
7
Bathrooms
5
Kitchens
1
Reception Rooms
2
Exterior
Garages
2
Security
No
Domestic Accommodation
1
Sizes
Land Size
18,900Ha
 
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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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

67,092.25

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