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R3,950,000

Monthly Bond Repayment R42,806.43
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

House For Sale in Kosi Bay, KwaMazambane

 


 Do you want to move and escape the rat race, but still need a source of income? 


  


Prime property and two established business for sale as a package! 


  


Both businesses have been operating for 20 years in Manguzi, Kosi Bay.  


  


The businesses turnover averages plus minus R300 000 per month, at 60% gross profit. 


It would be sold as a going concern with experienced technicians, stock and both businesses are debt-free. 


  


The property is situated on 1.44Ha on the shores of Lake Shengeza, bordering the Isimangaliso Wetland Parklands, 22 km drive from Bhanga Nek beach. 


  


This property welcomes you with the sounds of tranquility, offering exquisite views over Shengeza Lake. 


While you watch the sun set, the resident hippos amble out of the water in search of food and the call of the African fish eagle rings clear across the lake.  


  


Boasting 2 separate houses, makes this prime property ideal for either a holiday home that can be rented out or the potential for a lodge.  


Both homes come fully furnished, providing an effortless transition. 


  


The main house is 180m2 and designed with exceptional style and elegance. The home is meticulously maintained and the antique, wooden furniture creates a warm ambiance.  


  


The thatch roof adds to a holiday feel, keeping the house cool and comfortable during summer, while maintaining warmth during winter. 


  


As you step through the door, you’ll be greeted by a sense of spaciousness and comfort. 


The open plan design, creates a seamless flow between the lounge, dining room and characterful kitchen. 


Be prepared to be amazed by the sense of space created by the double volume design, where natural light floods in, creating an expansive and airy atmosphere. 


  


The kitchen is both functional and charming, equipped with an Anvil conventional oven, an induction cooker and a fridge/freezer.  


  


The sleeper wood dining room table can comfortably seat 8 people. 


Guests can enjoy the beautiful lake views as the reception area is wrapped around with windows. 


  


There are 3 spacious, cosy bedrooms with 2 sunny bathrooms, the one bathroom is equipped with a bath and the other with a large shower.  


The study can be converted into a fourth bedroom. 


  


The 2nd house is 80m2 also with a thatch roof and designed with double volume. Consisting of an en-suite bedroom, open plan lounge and kitchen. 


There is a fireplace in the lounge and the big window allows in sunlight and stunning views. 


  


There is a strong borehole with a pressure pump and Eskom power with a 2.5 KVA generator for back up. 


  


The beautifully maintained garden that surrounds this property creates a serene and peaceful atmosphere with panoramic views.  


It is a haven where you can unwind, reconnect with nature, that only the pristine Kosi Bay area can offer. 


  


The following are also included in the sale:  


  


 Ford ranger 2007 2.5 XLT 4X4 diesel double cab, with 450000kmin, excellent condition. 


16 feet Dory boat with cabin, 60 hp Yamaha 2 stroke motor plus galvanized trailer. 


 Galvanized 4foot trailer 


2.5 KVA generator 


All contents of the 20m2 store room including Lawnmower, brush cutter and various electrical equipment and tools. 


  


Price – R3 950 000(for property only.) Land size – 1.44Ha – 14 400m2 House size – 280m2 


  


Businesses - R 4 200 000-00  


  


Combined price for property and business R 7 200 000-00 


  


Please note that this property is situated on Tribal Land so there is no Title deed. 


I will assist with the necessary Tribal paperwork for the transfer of the land. 


  


Banks don't approve home loans for Tribal Transactions.  


Terms can be considered.  

Features

4
3
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
3
Reception Rooms
3
Sizes
Floor Size
280m²
Land Size
14,400m²
 
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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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

42,806.43

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