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R2,500,000

Monthly Bond Repayment R24,125.54
Calculated over 20 years at 10.0% with no deposit. Change Assumptions

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House and flats on large corner stand, centrally situated in Westcliff, offer many opportunities

SOLE & EXCLUSIVE MANDATE - Attention all developers and investors: This Westcliff house is close to the Hermanus CBD, local schools and the coastal paths and is situated on a large corner stand of 1115 m² across the road from a village common, adjacent to The Hermanus Backpackers Lodge and diagonally across the street from the Hermanus Oncology Hospital. This house and its outbuildings, present various options for development.

One option would be to keep the house and flats rented out, as is presently the case, but the more attractive option will be to rezone and/or possibly subdivide the stand with either an accommodation lodge or apartment block in mind, either using the existing buildings or demolishing the same, whatever the main project dictates.

The house offers 3 large bedrooms and 2 bathrooms, high-ceilings throughout, lounge, kitchen with separate scullery, dining room, pantry and sun room. The large double garage is located in an outbuilding which is connected to the main house and extended to the back to provide for a one bedroom flat and a bachelor flat.

The large garden is fully walled and has a motorised entrance gate.

Features

3
2
2
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
2
Reception Rooms
2
Exterior
Garages
2
Carports / Parkings
2
Security
Yes
Flatlet
2
Sizes
Floor Size
230m²
Land Size
1,115m²
 
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Disclaimer: While every effort will be made to ensure that the information contained within the CCH (Cape Coastal Homes / City Country Homes) website is accurate and up to date, CCH (Cape Coastal Homes / City Country Homes) 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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

24,125.54

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