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R22,500,000

15 Elizabeth Avenue

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Monthly Rates
R12,500 Excl. VAT

HOLIDAY RESORT/DEVELOPMENT LAND

This immaculate resort is situated on 19 500m2 of prime, level beach front land and offers great development potential with FAR at .35 and coverage 30%.

Currently comprising of luxury self-catering chalets and fantastic camping/caravan facilities PLUS air-conditioned conference centre, entertainment area with heated pool, pub, sauna, and childrens play area. With full catering kitchen, restaurant/coffee shop, fully equipped laundry area, admin offices, managers residence and charming 3 bedroom owners residence, all fully walled and secured with controlled beach access.

COMPRISING:

Reception Area, Admin Offices & Tuck shop:
Upmarket 3 bedroom owner’s residence with 2 bathrooms (mes), lounge, dining room,
study, fitted kitchen and private patios
Air-conditioned Function Room – 50 PAX
2 x Lock-up garages, storeroom (and tools) & boiler room

Full Entertainment Area comprising:
Pub – Fully Licenced
Full Catering Kitchen & Restaurant (40 seater)
Under-cover Games Area – Snooker/Table tennis/Foosball machines
Heated Swimming pool with large deck
Braai area and Lapa
Sauna
Trampolines x 2
Beach Volley Ball Court
Wooden playground equipment

1 x 2 bedroom fully furnished house (sleeps 6)
1 x 3 bedroom fully furnished house (sleeps 6)
1 x 1 bedroom garden cottage (Sleeps 2)
4 x 2 bedroom fully furnished wooden chalets (Sleeps 4-6)
2 X 2 bedroom Nu-Tec fibre home (sleeps 4)
1 x Managers cottage (2 bedroom) Park Home
38 x caravan sites with electricity/water connections - situated in tropical, manicured gardens
Fully equipped token-operated laundry / washing / ironing area Scullery Area x 2

2 Ladies ablution blocks, comprising:
a) 3 showers, 3 baths, 7 toilets
b) 2 showers, 2 baths, 4 toilets
2 Men’s ablution blocks, comprising:
a) 4 showers, 2 baths, 4 toilets, wall urinal
b) 3 showers, 1 bath, 4 toilets, urinals
Staff changing area / bathroom:
1 family ablution comprising full bath, shower and hand basin

Perimeter fully fenced & secured with electric fencing, access controlled gate to the beach.
Security Patrolled beach.

Features

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0
Zoning:
Mixed Use
Interior
Air Conditioning
Yes
Exterior
Security
Yes
Sizes
Land Size
19,541m²
Extras
Below Road • Totally Fenced • Electric Fencing • Coastal Beach • Air Conditioner • Fenced Pool • Holiday Resort
 
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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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MONTHLY REPAYMENTS

 

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Monthly Payment

309,937.53

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