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R12,500,000

Monthly Bond Repayment R129,023.55
Calculated over 20 years at 11% with no deposit. Change Assumptions

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Monthly Rates
R3,000

Investment potential

Subject property is being sold fully furnished and is a 5 star guest house nestled in the Fish Hoek valley.

All four suites are tastefully furnished with internet, Bose sound systems, TV’s, mini bars, air conditioning and safes. The house sits on 2 000 sqm on two plots. Heated swimming pool plus borehole, water tanks and a reverse osmosis water filtering system. This property has too many special features to mention but does also bost a beautiful wine cellar, where guests can taste foreign and local wines.

All four suits include under floor heating in all the bathrooms, which bathrooms are very tastefully decorated with top finishes. One of the suits are fully covered with underfloor heating. Kitchen includes all appliances plus a beautiful Lacanche stove imported and handmade from Burgundy, France. A scullery, store room and office finish this extraordinary property off.

The property as a business has a strong European guest following and prior to Covid was a generous source of passive income for the current owner. A serious seller but will also look at selling the property unfurnished and will easily cater for a large family with extended family living requirements. Living areas including double garage is plus minus 460 sqm. The price will differ if a concerning buyer is forthcoming and is negotiable.

This makes the property one of the biggest in Fish Hoek and as its two erven the one is designated residential and the other business and commercial. In addition this makes the property a potential to subdivide and invest further.

Guest House. 5 Star - Development Potential .Villa Honeywood .Built on 2000 sqm ( double stand) with 3 street frontages this Ultra Luxurious exclusive guest house is completely unique. No expense has been spared in the elegant interiors . Finished in travertine wood and glass with air con and underfloor heating in the bathrooms - Spacious and gracious suites all en suite ... an outside self contained private suite for honeymoon couples is exceptional. Established for over 10 years and catering to an executive tourist clientele from Europe this remarkable property is now on offer as a going concern or for further development, either with business multi use potential or for a residential sectional title, cluster or medical project. Features too many to mention abound. The elevated site has sea views from the upstairs windows and the classic lines of the building reflect a bygone era of style and class. Heated pool . Abundant secure parking , full security and a central location five minutes from Fish Hoek village and beach, what more could one want in a Cape holiday venue. Viewing is essential for any serious investor. Owner is a serious seller - will consider all reasonable offers.

Features

4
4
2
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
4
Kitchens
1
Reception Rooms
2
Exterior
Garages
2
Carports / Parkings
7
Security
Yes
Pool
Yes
Sizes
Floor Size
460m²
Land Size
1,884m²
 
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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
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Monthly Payment

129,023.55

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