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R9,450,000

172 St Francis Drive

Monthly Bond Repayment R100,777.60
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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VILLAGE GUESTHOUSE, well established & close to beach and restaurants.

A beautifully situated property, plus all fully equipped and furnished, plus an exciting long established income generating business.

This delightful north facing, 500 sqm self catering Guesthouse, established in 2003, is a great income generator, offering a wonderful lifestyle for both the visitors and the owners too.

The tiled roofed property is superbly located and centrally situated, a 3 min stroll to the main swimming beach and to the village centre with its many incredible restaurants. Paired with the coffee shop across the road, to offer both BnB or Self-catering.

The business is very well run and there is an added bonus - the owner can stay on site.
A large 2 bedroomed double story apartment with open plan lounge/kitchen /dining area leading out to a private patio with a jacuzzi, for owner's use or for tenants


The business has an excellent reputation for exceptional service and hosting which reflects in rave reviews and 5-star ratings from guests, across all booking portals. This modern & stylist guest house attracts both new clienteles plus 20 years of repeat business and corporate bookings, both local and international. Excellent rental returns reflect in the company financials.

The accommodation: -

The 7 bedrooms, all with en-suite bathrooms:

2 x 2-bedroom large apartments
3 x Studio apartments
Sleeps 16 in total
Each apartment is private, modern and stylish with own entrance & in garden setting.
Outdoor jacuzzi and braai area's.

They are fully equipped with kitchen, Fibre WiFi with battery backup, TV (flatscreens)with Full DSTV, lounge areas, outdoor / deck furniture
Luxurious white bed linen and cotton towels plus bathroom amenities
Quality king beds which can be converted into singles.
Hans Grohe taps throughout
2 x laundries /Linen rooms with
1 x lock up store room
1 x office
1 x extra-large double garage /50sqm with roll up doors to west and 2 large sliding doors to north. - could be converted into an additional two rooms. Was used as yoga studio in day. Garage for 2 cars at night.
1 x Tool storeroom
1 x storage/ garden room
2 x Outside staff Toilets
4 x water tanks
1 x 300l Solar geyser with a Geyser wise plus
1 x 150l additional geyser - both linked to give 450l when needed.
A petrol generator - wired into DB board
Laminated, screeded, tiled or wooden flooring flooring throughout

2 x under cover, sheltered bomas are delightful `all weather entertainment areas to relax and braai.
Heated Outside “beach “shower

Secure, automated, gated off-street parking area for 6 cars.
CCTV cameras all around plus garden lights.
A huge double story wooden tree house and hammock in massive Fig tree in front garden is a delight for children
Fruit trees all around the property includes lemons, orange, naartjie, bananas, apple, peach and avocado trees.

Sewerage is on waterborne mains

Professional long-term staff

St Francis Bay is situated at the beginning of the Garden Route and on the route to Addo. This incredible coastal village is famous for its magnificent long white Sandy beaches with world class surfing, fishing, whale and dolphin watching and coastal trails for hiking or biking. The Magnificent Kromme river flows thru the upmarket canal system.

The price includes business with all furniture - Turnkey operation

Call Merle for additional information.

Features

7
9
2
Interior
Bedrooms
7
Bathrooms
9
Kitchens
5
Reception Rooms
1
Studies
1
Furnished
Exterior
Garages
2
Security
Yes
Sizes
Floor Size
500m²
Land Size
887m²
Extras
Property has a generator.

St Francis Bay Village, St Francis Bay

St Francis Bay is a place where residents love their homes, and where visitors wish they could be residents. Thanks to its waterside lifestyle, residents of St Francis Bay get to enjoy an array of watersports including kitesurfing, windsurfing and waterskiing. Those wishing to live a more relaxed way of life can go fishing, birdwatching or simply enjoy their beautiful surroundings. Living on the water, with...
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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

100,777.60

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