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R4,990,000

6 Weston street

Monthly Bond Repayment R52,357.88
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Property with Ocean Views & Rental Potential

If you have a knack for identifying business opportunities and consistently view opportunities through an optimistic lens, this golden oldie, zoned for business, is right up your alley. It used to be a guest house (not running anymore), now it's a short-term shared lodging spot. With returns topping 10.7%, it's a solid investment pick.
Access the ocean-facing side of the property from street level through a garage and carport, ascending to the garden level where the Main Residence is located. Adjacent to it is a compact three-room office space with a kitchenette, open for rental, alongside a separate one-bedroom apartment with its bathroom. Additionally, enjoy the expansive deck offering breathtaking ocean views spanning over De Bakke.
The main house comprises three bedrooms and two bathrooms, featuring a rustic kitchen seamlessly blending into an open-plan lounge and dining area. Enjoy unobstructed views of the bay and the Outeniqua Mountains from this level, currently occupied by the homeowners.
Head upstairs to find six bedrooms, each with its own bathroom. Whether it's socializing or relaxing, the communal lounge and large balcony offer perfect place to enjoy the ocean views. Plus, there's a shared kitchen for meals and get-togethers.
Accessed from the street behind the house, the property features six carports for parking convenience, all securely enclosed by two motorized gates and electric fencing.
Contact us now to seize this lucrative investment opportunity nestled in De Bakke. Conveniently located near essential amenities yet enriched with the tranquil atmosphere unique to coastal living.

Features

9
8
1
Pets Allowed
Yes
Interior
Bedrooms
9
Bathrooms
8
Kitchens
3
Reception Rooms
4
Exterior
Garages
1
Carports / Parkings
7
Flatlet
1
Sizes
Land Size
745m²
Extras
Sea • Balcony • Common Areas • Concrete • Frequency location • Old Building • Near Shops • Mountain • Near Motorway • On Busy Road • North • Near Bus • Covered Parking • Open • Built in Wardrobes • Shower • Entrance Hall • By the sea • Roof Terace • Near Medical Center • Kitchen-Dinette • Garage • En-suite Bathroom • Washing Facilities(in building) • Needs Renovation • Near Hospital • Kitchen - Extra • Near Beach • Near Public Transportation
 
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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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

52,357.88

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