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R4,900,000

Monthly Bond Repayment R48,100.53
Calculated over 20 years at 10.25% with no deposit. Change Assumptions

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Monthly Rates
R2,300

7 Bedroom House For Sale in Riebeek Kasteel

LANDMARK VICTORIAN PROPERTY IN PRIME POSITION ON THE CENTRAL SQUARE OF RIEBEEK KASTEEL.

This long-established and highly successful beacon of hospitality is currently operating as a guest house and popular restaurant acclaimed for its innovative cuisine in the French tradition. The guest house offers 6 air-conditioned double bedrooms ( all en suite to modern bathrooms ) plus a generous and spacious loft apartment as owners' accommodation. There is a comfortable guest sitting room, a beautiful swimming pool set in a garden with stunning mountain views and a braai area beside a small stream. Diners can view the activity on the Square from their tables on the water-cooled verandah or can enjoy intimate celebrations from a private dining room. Fireplaces for winter! There are three purchasing options for shrewd investors: The building only may be purchased for R4.9m for commercial or even residential use for those with creative flair or the business enterprise plus the building with all its contents may be purchased LSB as a going concern for R5.6m. There is a third capital investment and rent-back option for the business only. NOT VAT REGISTERED. A HIGHLY RECOMMENDED INVESTMENT IN THE CAPE WINELANDS.

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Features

7
7
2
Interior
Bedrooms
7
Bathrooms
7
Reception Rooms
5
Exterior
Garages
2
Pool
Yes
Views
Yes
Sizes
Land Size
1,838m²
 
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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.

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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

R
%

Monthly Payment

48,100.53

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