8
Beds
4
Baths
15
Parking
4,000 m²
Floor area
4,000 m²
Stand size
About this property
Overview
This remarkable property offers more than just a home—it is a lucrative investment opportunity with the potential to generate R30,000 per month in income. Designed for flexibility and future growth, it presents buyers with multiple revenue streams, from a thriving bed-and-breakfast setup to hosting events, while also featuring a dedicated manager's residence to streamline operations.
Features & Development Potential
- Thriving bed-and-breakfast setup
- Event hosting capabilities
- Dedicated manager's residence
- Large piece of ground with space for further development
- Potential to expand into additional cottages or eco-living units
Location
Within 20 minutes' drive of the industrial hub of Richards Bay and world-class game reserves, the property is ideally positioned to attract both corporate tenants and tourists.
Rooms & layout
Features & amenities
Price & ownership
Cost to buy (indicative)
Purchase type is not confirmed below. Transfer duty is estimated for a standard resale (not a VAT-inclusive developer or vendor sale). Check with the agent.
Upfront split
Rough split: 95.0% purchase price, 5.0% buying costs.
- Asking price R 2 950 000
- Transfer duty (est.) R 103 200
- Deeds Office (transfer) R 2 564
- Conveyancing (est., incl. VAT) R 50 495
- Deeds lodgement R 52
- Total indicative R 3 106 311
Estimates from SARS transfer duty tables, Deeds Office–style fees, and LSSA conveyancing guidelines. Not financial or legal advice — confirm with your attorney. Duty uses the higher of price or market value.
Table ref: sars_2025-04-01
Bond Calculator
Total paid over 20 years (deposit + repayments): R 6 980 859
Monthly repayment vs interest rate (deposit fixed at 10%)
Monthly repayment vs deposit percentage (rate fixed at 11.25%)
Indicative estimate only. Loan of R 2 655 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.