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R7,900,000

31 Sonkwas

Monthly Bond Repayment R84,247.94
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R8,800

5 Self-catering apartments close to the beach

It's very rare for properties like this to come up for sale in the sought-after Bekbaai area of Paternoster. With a prime location and strong business performance, this is a must-see property.

Known for its sunsets, Bekbaai has a smaller, more private beach and is in proximity to a boutique hotel and spa where you can enjoy drinks on the deck at sunset or dine at the in-house restaurant. Located close to this property is the Cape Columbine nature reserve with its famous lighthouse and scenic Tietiesbaai.

Within walking distance from the property, is the Paternoster Waterfront with theatre, art galleries, artisan shops and restaurants - all great attractions for visitors to Paternoster.

The property is a high performing self-catering business and an investor's dream.

It consists of five self-catering units, each with a kitchen, dining area, and balcony with partial sea views. Most units have external braais, except unit 5 which has an indoor braai. Two units have interleading doors for bigger family gatherings. All units have showers, except one unit which has an elegant slipper bath.

The flooring is a mix between wood and tiles, giving the property a rustic Mediterranean feel.

Each unit has access to a swimming pool and for beach lovers, a mere two minutes' walk takes you to Bekbaai beach.

Solar power and a three-phase electrical system cater for high electricity consumption during peak periods.

A garage is currently used as storage.

The property and business are being sold as a going concern and all furniture and equipment is included in the asking price.

VAT is included in the price, so transfer duty does not apply.

Features

5
5
1
Interior
Bedrooms
5
Bathrooms
5
Kitchens
5
Reception Rooms
5
Furnished
Exterior
Garages
1
Carports / Parkings
5
Security
Yes
Pool
Yes
Sizes
Floor Size
292m²
Land Size
600m²

Bekbaai, Paternoster

Paternoster, a charming fishing village on South Africa's West Coast, is known for its stunning beaches, picturesque whitewashed cottages, and vibrant local culture. It's a popular destination for holidaymakers and nature lovers, known for its excellent seafood, particularly West Coast mussels and freshly caught fish. Paternoster offers visitors a picturesque coastline, water sports, and beach strolls with...
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Enjoy a coastal dining experience at The Voorstrandt Restaurant
The Voorstrandt Restaurant, located in Paternoster, South Africa's West Coast, offers an authentic coastal dining experience that combines the culinary riches of the ocean with the rustic charm of the local community. It offers a...
 
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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

 

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Monthly Payment

84,247.94

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