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R13,000,000

3 Fairways Drive

Monthly Bond Repayment R138,635.85
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R8,842

Boutique Hotel in Salt Rock for sale within walking distance to Salt Rock main beach.

Salt Rock welcomes you to this beautiful boutique hotel for sale. It has sea views and is within walking distance of the main Salt Rock beach.

This property is for an investor as it is a well-priced, VAT-registered business that turns over an excellent profit.

The property boasts exceptional spaces on a 2229m2 stand and has two entrances from different roads. It has the potential to expand if you have a creative flair.

There are 12 en-suite rooms, a separate accommodation for the manager and staff. Each room has a balcony or patio, a TV and a coffee station.

The entertainment area is large and peaceful with a pool and dining area.

Salt Rock is a fast-developing area with many new property owners renovating and capitalizing on their property investment potential.

Salt Rock has many different shopping centres, restaurants and private schools. it is a fabulous tourist destination with accommodation needs on the rise.

The property is close to King Shaka Airport, Ballito Lifestyle and Junction shopping centre.

If you are interested in an exclusive viewing of this property, call me to make an appointment.

Features

12
12
Interior
Bedrooms
12
Bathrooms
12
Kitchens
3
Reception Rooms
5
Studies
1
Furnished
Exterior
Carports / Parkings
10
Security
Yes
Flatlet
4
Domestic Accommodation
4
Pool
Yes
Sizes
Land Size
2,276m²

Downloads

Lightstone 3 Fairway Drive Salt-rock.pdf0 bytes

Salt Rock, Ballito

Salt Rock is a favourite holiday destination for many local South Africans and holiday apartments in this area remain an excellent investment. It is a bussing town with many new developments and has a selection of shopping places and many restaurants and eateries. As well as providing some fishing spots, there are reefs offshore. The main beach is protected by shark nets and has lifeguards on duty, this makes...
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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

138,635.85

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