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R4,250,000

Monthly Bond Repayment R41,013.42
Calculated over 20 years at 10% with no deposit. Change Assumptions

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Monthly Rates
R975

2 Bedroom House For Sale in Riebeek West

CHARACTER VICTORIAN BUILDING WITH OWNER ACCOMMODATION ON THIRD FLOOR. POPULAR RESTAURANT/COFFEE HOUSE & GIFT SHOP RUN FROM STREET LEVEL . POTENTIAL FOR SECOND BUSINESS TO BE RUN FROM LOWER FLOOR WHICH HAS LOVELY GARDEN. HIGH VISIBILITY. PRIME TRADING POSITION. SOLD AS GOING CONCERN. VAT INCLUDED IN PURCHASE PRICE.

This is an excellent opportunity to live in and work from a unique historic building. Or to rent out space to likeminded entrepreneurs who share your vision of being in the forefront of the upsurge in popularity of Riebeek West. A lot of building is taking place in the immediate environs, shopping facilities have improved, plans have been proposed to uplift public spaces and buyers from all over are investing in the vibrancy of the Riebeek Valley which is only an hour from Cape Town. The spacious and comfortable owners' accommodation comprises 2 double bedrooms, a well-fitted kitchen, full en suite bathroom and generous sitting / dining room. Soon to retire, the current owners have operated a successful coffee house/restaurant and gift shop from the premises for the past eleven years.Well-known for its traditional South African meals and welcoming hospitality, the eaterie offers seating which flows from the street -level dining area to a tree-shaded terrace. The restaurant kitchen features a commercial oven and walk-in cold room. At cellar level is a bar and tavern area with fireplace for winter and doors to a delightful garden, ideal for outside eating or for a gardening -related business. There's plenty of parking both on the property and in the main street. DON'T MISS THIS WELL-PRICED OPPORTUNITY TO CATCH THE WAVE OF PROSPERITY IN THE RIEBEEK VALLEY.

Features

2
1
Interior
Bedrooms
2
Bathrooms
1
Reception Rooms
2
Exterior
Carports / Parkings
6
Security
Yes
Views
Yes
Sizes
Floor Size
450m²
Land Size
919m²
Extras
Business premises at street level Business premises on lower level Accommodation on third floor Oregon floors Oregon beamed ceilings Sash windows at front
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Leapfrog Property Group website is accurate and up to date, Leapfrog 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.

R
R

Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Vat @ 15%
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Exclusive Use
Fica
Deeds Office Search
Electronic Document Preparation
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
Vat 15%
Deeds Office Levy
Postage and Petties
Insurance Certificate
Bank Electronic Connection Fee
NCA Fee
Electronic Document Preperation
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

R
%

Monthly Payment

41,013.42

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