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R15,900,000

Monthly Bond Repayment R169,562.31
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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NEW BUILD IN PRIME LOCATION - PERMANENT LIVING SHORT TERM LETTING OR BOUTIQUE HOTEL

EXCLUSIVE MANDATE
This multi-purpose home is the final product born from a brilliant vision; recognizing the incredible position and lifestyle opportunity on offer, the homeowners made the bold call to demolish the previous cottage they had just acquired and make use of every available inch of space to maximize this stand's potential. Set on a quiet road just a stone throw away from the beach, 500m away from some of the finest sea facing restaurants and cafe's Ballito has to offer, the potential for incredible ocean views and access to pristine beaches; all of this on a road that would welcome yet another upmarket build to further expand of the prestige of this enviable locale . And so the property that is on offer today caters to almost every need you would expect or even hope for from an upmarket coastal home. From a secure, spacious and comfortable family home that even caters to extended family, to an owner occupied guesthouse without sacrificing on personal space, privacy or grandeur to an upmarket Boutique Hotel or a holiday home to capitalize on the formidable short term market. The property has been so carefully conceptualized to ensure that there are no limits to your choices and in doing so have ensured that there will always be a demand and market for this diverse luxury offering.
The first thing you notice on entry is the exquisite curb appeal and manicured gardens, high walls and obviously well considered security, with a comfortable driveway entrance that levels out in front of 4 garages, whilst still offering enough space for a deep sea fishing boat or Jet Ski's to park comfortably, which you can literally launch 300m down the road. Heading up one floor we have the heart of this home. A grand open plan living area serviced by a cozy lounge and entertainers kitchen with captivating sea view. As you get drawn out to the tranquil undercover patio you cant help but let your mind wonder, imagining the laughs in the functional bar area, winter nights around the Boma pit with the sound of waves crashing in the background, Summer Braais around the pool or intimate conversations with an enchanting backdrop. On this floor you will also find the main bedroom a generous space with open plan bathroom and ample cupboard space; not to mention what we like to call the coffee and rusk view, a sea view from your bed. There is an internal staircase that connects the living areas and primary to the 3 en-suite bedrooms upstairs. Making this an idyllic 4 bedroom 4 bathroom family home. Alternatively a security roller door can be closed in the hallway to separate 2 of the upstairs bedrooms, Allowing the potential live in guest house owners to use one room upstairs as a home office , with external access given to the remaining 2 rooms, each fitted with heat and eat stations/coffee stations and bar fridges, catering to individual room letting options. Having covered 4 rooms so far that leaves 2 left. The first of which is not accessible from the primary residence, but  externally, an open plan bedroom with kitchenette and en-suite bathroom. Practically this room would work perfectly for staff or on site managers, however due to the quality of the finishes and independent features it will also appeal to business commuters with letting potential. The last but definitely not least captivating accommodation is the detached duplex, boasting its own pool and entertainment area, downstairs living and kitchen area with a bedroom and bathrooms that almost rivals the primary. In fact The privacy and space of this charming cottage is an alternate option for live in owners who would prefer to stay on site and rent out the entire home to guests and practically be invisible to them whilst still living your best life.
A must see for the discerning investor.

Features

5
5
4
Pets Allowed
Yes
Interior
Bedrooms
5
Bathrooms
5
Kitchens
2
Reception Rooms
3
Exterior
Garages
4
Carports / Parkings
6
Security
Yes
Flatlet
1
Pool
Yes
Sizes
Floor Size
550m²
Land Size
1,081m²
Extras
Near Beach • Battery/Backup Inverter • Near Schools • Near Airport • Fibre • Glass Siding • By the sea • Built In Braai • Modern • Balcony • Closed Circuit TV • Barbeque pit • Garage with Automatic Door • Near Golf Course • Redeveloped • Gas - Natural • Alarm System • Near Shops • East • Safe Location • Open fire • New Building • Energy Backup Unit • Security - System • Near Medical Center • Air Conditioning Unit • Solar Panels • Water - Tank • Concrete • Near Fitness centre • On Quiet Road • First owner • High Speed Internet • Sea • Near Hospital
 
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Disclaimer: While every effort will be made to ensure that the information contained within the EXP Realty website is accurate and up to date, EXP Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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

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Monthly Payment

169,562.31

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