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R5,295,000

793 Montague Road

Monthly Bond Repayment R57,382.29
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R2,563.2

14 Bedroom Freestanding For Sale in Ramsgate

LISTING UPDATED 20 JULY 2023

PRICE REDUCED

Fantastic Investment Opportunity on the Thriving South Coast!

Welcome to your perfect investment on the South Coast, where opportunity awaits! With the region experiencing a booming economy, now is the ideal time to seize this golden chance to secure your future.

Situated in a highly sought-after area near Ramsgate main beach, this property offers not just a solid investment but also an excellent holiday accommodation opportunity. Nestled in a tranquil and secure neighborhood, your guests will enjoy peace of mind while relishing the beauty of the surroundings.

One of the standout features of this property is its zoning as a block of flats, making it a versatile and lucrative investment option. As an added benefit, this property comes fully furnished, meaning you can start generating income right away without the hassle and expense of furnishing it yourself.

Inside this spacious and modern property, you'll find a total of 14 generously sized bedrooms and 11 bathrooms. The property is ingeniously divided into five individual units, each with its own private entrance. This setup not only provides privacy and convenience for guests but also maximizes rental potential.

The family unit, boasting four bedrooms and three bathrooms, is perfect for larger groups or families seeking a relaxing holiday escape. With ample space and modern amenities, your guests will feel right at home.

For those looking to unwind and cool off, a communal sparkling pool and a kids/splash pool offer the perfect respite under the warm South Coast sun. Your guests will appreciate these refreshing amenities during their stay, adding even more value to this investment.

The seller is eager to negotiate offers from serious buyers with the means to act promptly, giving you the chance to make a wise investment decision.

Don't let this incredible opportunity slip away - act now and contact our dedicated agent to arrange a viewing. We guarantee you won't be disappointed with this gem of a property that promises not just financial rewards but also the satisfaction of providing an unforgettable holiday experience for your guests. Call today and take the first step toward securing your future success!

Features

14
11
Pets Allowed
Yes
Interior
Bedrooms
14
Bathrooms
11
Kitchens
5
Reception Rooms
10
Furnished
Exterior
Carports / Parkings
5
Security
Yes
Flatlet
5
Pool
Yes
Sizes
Land Size
2,591m²

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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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

57,382.29

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