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R12,500,000

Monthly Bond Repayment R133,303.70
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R10,511

Gonubie Broads: Hospitality - Wedding / Conference / Hotel / Accommodation / Old Age Home.

Grand old home steeped in history, built in the 1800's with sandstone exterior and thatched roof, on a 37306m² site on the banks of the Gonubie River. Large parklike gardens with 2 entrances off East Coast Resorts Road.

Endless opportunities for the entrepreneur, already established and renowned wedding / conference / accommodation establishment. Opportunities to create a restaurant / hotel / chef's school / old age home.

Comprising:
1. Main house - 6 bedrooms, office, kitchen, dining room, 2 lounges, 3 bathrooms.
2. Entertainment area and pool.
3. Conference centre airconditioned and sound proof, to seat 200 people, measuring 300m².
4. Wedding Venue - airconditioned, sound proof, toilets, aluminium stack away doors, can seat 450, measuring 600m².
5. Accommodation - all self catering:
- Apartment block of 4 x two bedroom apartments and 4 x 1 bedroom apartments
- 2 x 2 bedroom apartments
- 4 x 1 bedroom apartments
- 3 x timber frame double storey apartments (sleeps 4)
6. Shed / store - 200m².
7. Backup 100 kva generator.

Eskom available power 150 kva, with a 100 kva backup generator, sewerage package plant, borehole water, with licence to extract water from Gonubie River.

Resort 1 uses - resort / holiday accommodation, caravan park, camping site, place of assembly, convenience shop, consent hotel.

To be sold as a going concern with liquor licence, furniture, fittings, crockery, cutlery, equipment etc.

Features

41
25
Interior
Bedrooms
41
Bathrooms
25
Kitchens
1
Reception Rooms
3
Studies
1
Exterior
Carports / Parkings
100
Security
Yes
Sizes
Floor Size
2,600m²
Land Size
37,306m²

Gonubie, East London

East London in the Eastern Cape is a vibrant area known for its rich cultural diversity, historic landmarks and thriving arts scene. The area is family-friendly and boasts a variety of property types. East London, fondly referred to as Buffalo City, offers a perfect blend of traditional values and relaxed charm, making it an ideal place to set roots. East London's airports/routes: travel...
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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:

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Expenses

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Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

133,303.70

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