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R6,500,000

Monthly Bond Repayment R65,989.88
Calculated over 20 years at 10.75% with no deposit. Change Assumptions

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Monthly Rates
R4,760

Prime Business Opportunity in a Sought-after Location in Mtunzini

This Bed & Breakfast has a prime location, with panoramic views of the Indian Ocean and the Umlalazi Nature Reserve. The property is within walking distance from the beach, the golf course, the shopping centre, and other attractions. Mtunzini is a charming and tranquil town that attracts visitors who seek a relaxing and refreshing getaway from the hustle and bustle of the city. Mtunzini is also conveniently located near the N2 highway, which connects Durban, Ballito and Richards Bay, and other major economic hubs in the province.

There is a selection of seven rooms, also family rooms and are all light, modern and airy, appointed with everything you’ll need to have a refreshing stay, whether out adventuring or just being lazy. Enjoy beautiful views from private balconies while relaxing in the calm ambience of the rooms.
The linen and beds are all hotel quality and are procured from Fit for Bed.

• Installed 5000 litre JoJo tank with a booster pump when municipal supplies are low.
• 30 Solar Panels with 3 x Sunsynk Inverters and wall mounted Hubble Lithium batteries.
• There is a camera system with camera’s monitoring the outside of the guest house and to ensure the safety of vehicles also monitoring and can link to multiple mobile phones and to a screen at reception. The intercom system links to reception and the staff quarters, as well as to your mobile phone and can thus be opened even by the mobile phone.
• The Alarm system is linked to the armed response Alpha Security

This is a 4 STAR guest house and are graded by the Tourism Grading Council of South Africa (TGCSA)
This property is sold as a going concern for business to just continue. The sale includes all fixed assets, all the furniture and fittings.

Whether you're looking for an action-packed holiday or some much needed rest and relaxation, Mtunzini has it all for you. You will find a range of activities from an 18-hole golf course offering magnificent views of the Indian ocean to bird watching, crab hunting and long, lazy walks on the beach.
This Property is sold Exclusive of VAT.

Features

7
7
Pets Allowed
Yes
Interior
Bedrooms
7
Bathrooms
7
Kitchens
4
Reception Rooms
5
Studies
1
Furnished
Exterior
Carports / Parkings
6
Security
Yes
Flatlet
2
Domestic Accommodation
1
Pool
Yes
Sizes
Floor Size
670m²
Land Size
1,100m²
Extras
24 Hour Access • 24 Hour Response • Coastal Beach • facing sea

In the news

Mtunzini: Discovering KZN's best-kept secret
Being positioned adjacent to the Indian Ocean, Mtunzini boasts pristine, natural surroundings. With abundant wildlife and a variety of activities nearby, it offers a secure environment where locals genuinely care about one...
 
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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

65,989.88

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