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R5,499,000

Monthly Bond Repayment R58,642.97
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R6,500

2 BUILDINGS LOCATED IN THE HEART OF OCEANVIEW

Welcome to 519 Marine Drive, situated in the heart of Ocean View this beautiful family home or investment property has not been on the market since 2003.

There are two (2) buildings located on the property. The one is the main dwelling and the other is used as an Airbnb/Guesthouse.

Main Building:

As you enter your home you are greated by a newly renovated kitchen that opens up into the open plan lounge and dining area. The lounge boasts a full glass-front façade which allows natural light to lighten up the entire room. The dining area has glass stacking doors that opens up onto the patio that overlooks the swimming pool and has an Ocean View.

The main bedroom has ample cupboard space and a spacious en suite with modern finishes and ample cupboard space.

There is three (3) guest bedrooms, one (1) has en en suite. One of these bedrooms can also be changed into a study/lounge as it is attached to the one bedroom. The other bedroom overlooks the swimming pool area.

The Airbnb building:

This building has three (3) seperate cottages, a bathelor pad with a shower and toilet, a two (2) bedroom cottage on the ground floor and another two (2) bedroom on the first floor. This is a blank canvas building that you can style to your own desire.

Most of the rooms are in need of refurbishment in this building. This can either be a massive income generator or it can become part of an extended family members home. There is also a lapa for when this unit has a social gathering. Completely private from the main dwelling.

The garden is flat land and is easy to maintain, there is enough parking for atleast 15 cars.

The property is zoned for commercial use and can be used for big hospitality ventures. This home is walking distance to Ansteys beach and close to all main routes of the Bluff and part of the millionairs mile. The BEST the Bluff has to offer all in close proximity.

For the BEST service in TOWN, give us a call TODAY!

Features

9
6
Pets Allowed
Yes
Interior
Bedrooms
9
Bathrooms
6
Reception Rooms
2
Studies
1
Exterior
Carports / Parkings
4
Security
Yes
Flatlet
3
Pool
Yes
Views
Yes
Sizes
Land Size
934m²

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Disclaimer: While every effort will be made to ensure that the information contained within the Chas Everitt International Property Group website is accurate and up to date, Chas Everitt International Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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

58,642.97

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