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R8,000,000

Monthly Bond Repayment R79,870.39
Calculated over 20 years at 10.5% with no deposit. Change Assumptions

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Monthly Rates
R4,500
Auction

Investor's Delight in Ramsgate

This 2.3 ha piece of land is for someone wanting to open an exclusive holiday resort or other opportunities are vast considering the size of land here, in beautiful Ramsgate. This property is just waiting for the right investor. With 10 units already on the property and ample space to add more units or even caravan and camping sites.
The garden is landscaped with plenty of natural rock and it has a pool. It is within walking distance to amnesties such as shops and churches.
There is also a borehole, so no more worries when there are water issues.
The different units are as follows:

Investors delight in Ramsgate



Unit 1
3 bedrooms with built in cupboards in two rooms. 1 bathroom with separate shower in one of the rooms. Open plan lounge dining room separate kitchen.

Unit 2
It is the original house and has 3 bedrooms with a main en suite / bath. The other bathroom has a shower, a large lounge, kitchen and bar area.

Rondavel
2 bedroom bachelor unit with shower and downstairs is the living area.

Unit 3
Kitchen and lounge with 2 bedrooms, 2 bathrooms 1 with a shower and the other one a bath.



Unit 4, 5 and 6.
3 bedrooms with full bathrooms as well as an additional guest toilet. Open plan kitchen, lounge dining area. They come with a garage.

Unit 7 and 8 and bachelor flat.
7...... 3 bedrooms, 2 full bathrooms, lounge and kitchen
8..... 3 bedrooms with Main en suite, plus second bathroom. Kitchen, lounge, dining room and laundry.


Batchelor / studio.
1 room / kitchen area, bedroom and bathroom with shower.

This property would make the perfect school!

A must to view for the investor with vision.

Features

23
15
6
Pets Allowed
Yes
Interior
Bedrooms
23
Bathrooms
15
Kitchens
10
Reception Rooms
20
Exterior
Garages
6
Carports / Parkings
7
Pool
Yes
Sizes
Land Size
23,066m²
 
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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

79,870.39

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