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R8,995,000

Monthly Bond Repayment R89,804.27
Calculated over 20 years at 10.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R1,896

PRIME INCOME-GENERATING PROPERTY WITH UNRIVALLED OCEAN & MOUNTAIN VIEWS

JOINT MANDATE

Capitalising on its breathtaking sea and mountain views, this north-facing property is designed for both permanent living and significant rental income.

A private sun-drenched entertainment area welcomes you to this home, featuring a sparkling pool and a built-in braai. Be prepared for jaw-dropping views of the sea, mountain and forever-changing lagoon as you enter through the front door. The primary residence consists of three bedrooms & two-bathroom. The open plan living area consists of a kitchen, lounge and dining room, ideal for entertaining. The dining room extends to a patio that is wrapped in stacking doors, creating a seamless indoor/outdoor space. All three bedrooms, including the spacious master suite with its full en-suite, are positioned to take full advantage of the stunning outlook.

The lower level is a fully operational income stream, comprising three self-catering one-bedroom flats. Each unit is equipped with a kitchenette and braai, and all offer coveted sea views, ensuring high occupancy potential. Two of the units feature undercover patios, one of which is glass-enclosed for all-weather use. A communal pool is dedicated to guests of the units, enhancing their holiday experience. All units are fitted with gas geysers and are fully equipped to start renting out. This property represents a turnkey solution for an investor seeking an established guesthouse or a homeowner desiring a substantial passive income in a premier coastal location.

Situated in a cul-de-sac within Cutty Sark, this home is close proximately to Plett's bustling main street, tourist attractions and golden beaches

Features

6
5
2
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
5
Kitchens
1
Reception Rooms
2
Exterior
Garages
2
Carports / Parkings
4
Flatlet
3
Pool
Yes
Sizes
Floor Size
477m²
Land Size
931m²
Extras
Balcony • Modern • Split Level • Alarm System • Electric Gate • Perimeter Wall • Security Gate • Totally Fenced • Fibre • Cul_De_Sac • North • Mountain View • Sea • Tiled Floors • Vinyl Floors • Aluminium Window • Dishwasher Connection • Granite Tops • Stove • Scullery • Landscaped • Flatlet • Built In Braai • Entrance Hall • Awning • Bath, Toilet and Basin • Built in Wardrobes • Closed Circuit TV • Eye Level Oven • Courtyard • Covered Patio • Double Basin • Double Storey • Freestanding • Gas Hob • Mainen Suite • Open Plan Room • Open Plan Kitchen • Piped Gas • Shower, Toilet and Basin • Residential • Sliding Doors • Storage • Hob • Open Plan • Curtain Rails • Visitors Parking

In the news

Holiday homes as investment property
  A holiday home in a coastal hotspot can be an excellent investment, but is often much more than just the investment in bricks and mortar. It is a place where you can enjoy your holidays and time out, use as a retreat for...
 
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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:

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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

89,804.27

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