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R2,700,000

Monthly Bond Repayment R29,260.09
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Retro family mansion in Observatory

FANTASTIC DEVELOPMENT OPPORTUNITY...NGO, RESTAURANT, BOUTIQUE HOTEL, GUEST HOUSE..
2683 SQM Stand and original 1960's family mansion opposite the Observatory Sports Club at the top of Sylvia's Pass..... begging for a new lease on life or an opportunity for any retro aficionados. Original fittings throughout, this home is like stepping back in time.

An enclosed porch leads to the front door and into a double volume panelled entrance hall with original light fittings and a retro yellow glass and wood panelled detail.
North facing lounge and dining lead onto large covered patio overlooking the garden brimming with palms and dahlias.

Large original 60's kitchen.- looks onto a central courtyard with gym/staff accommodation and stpreroom.
TV room/second lounge and study are also north facing with triple aspect windows.

Upstairs is a bar/billiards room overlooking the rear of the garden with amazing views to the South. There is the original pool, 2 changing rooms and bathroom and bar to the side of the house which need restoration.

Upstairs there are 5 bedrooms- main en suite and 4 others that share 2 retro fitted bathrooms with original tiles and fittings- quite special. All are carpeted.
4 bedrooms face north and open up onto the large upstairs balcony. The 5th is south facing with a small private balcony and views.

Features

5
3.5
2
Interior
Bedrooms
5
Bathrooms
3.5
Kitchens
1
Reception Rooms
4
Studies
1
Exterior
Garages
2
Carports / Parkings
4
Domestic Accommodation
2
Pool
Yes
Sizes
Land Size
2,683m²
Extras
Balcony  • Built-in Wardrobes  • Maids Room
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Byron Thomas Properties website is accurate and up to date, Byron Thomas Properties 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

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%

Monthly Payment

29,260.09

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