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R13,000,000

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R4,000 Excl. VAT

The Mykonos inspired Guest lodge that ticks all the boxes!

This development is one of the most up to date, meticulously maintained, and perfectly situated businesses of it's kind in the whole of Knysna.

There are thirteen units of which two are one bedroom, one bathroom, loft-style spaces and the rest are all wonderfully appointed two-bedroom units.

All thirteen units, ranging from 56 sqm to 65 sqm, are fitted with air-conditioning, built-in stoves and ovens, and granite top kitchens. The open plan kitchen opens up, via a sliding door, to a solidly built deck area that is surrounded by 180-degree views of the entire Knysna Lagoon!

The building enjoys full frontage towards the N2 leading into Knysna yet is accessed from a peaceful side-street.

Within the few years since its inception, this business has already seen consistent growth in occupancy rates and already returns about seven percent a year on capital, even under the relatively slow market conditions.

Each unit is separately registered, and self-contained thus a combination of long- or short-term rentals can be considered within a local market where rental properties of this type are few and far between, and demand for apartments are high.

No Transfer duty payable. The selling price excludes VAT.

Come and see it for yourself!

Features

0
10
Title:
Sectional
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
820m²
Land Size
1,827m²
Parking Bays
Open Parking Bays
10

West Hill, Knysna

Situated along the Western Cape’s famed Garden Route, Knysna is a delightful little seaside town that has a lot to offer its residents. For one, it is certainly one of the most beautiful areas in South Africa, with more than a few ways to get in touch with nature. Nestled between the clear blue waters of the Indian Ocean and the shores of the Knysna Estuary, the town has something to offer everyone. Property...
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Disclaimer: While every effort will be made to ensure that the information contained within the Lew Geffen Sotheby's International Realty website is accurate and up to date, Lew Geffen Sotheby's International Realty 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
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Monthly Payment

162,924.78

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