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R5,250,000

Monthly Bond Repayment R51,536.28
Calculated over 20 years at 10.25% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R2,336

A Piece of History

Looking for a piece of History?

Look no further than the original Standard Bank Building plus the private residence to the then bank manager. The front stoep with its wrought iron ” Broekie Lace” is only the beginning of this heritage building. A wide passage leads to spacious rooms with wooden floors and doors, extra high ceilings with chandeliers, and sliding sash windows. Although some of the rooms are fitted with air conditioners, original working fireplaces are still a focal point in the reception rooms. And a big surprise…. a back verandah with sparkling pool and views of the surrounding mountains. Steps lead to a private garden and the additional accommodation. A garage and carport plus secure parking for 2 – 3 personal vehicles has access from the side street.

Set in a very desirable commercial position in the centre of Montagu, the building lends itself to a variety of income producing options. Currently, the front portion of the building is let to 2 restaurants, and the residential accommodation to the restaurant owners.

The 2 restaurant includes:
4 large eating areas plus the verandah
2 fully fitted kitchens plus a pantry

The residence includes:
2 bedrooms, a study and en suite bathroom
1 Lounge together with braai room 1

Additional accommodation:
1 separate outside room with bathroom
1 free standing cottage

PLEASE NOTE: THE SELLING PRICE EXCLUDES VAT

Features

5
4
1
Pets Allowed
Yes
Interior
Bedrooms
5
Bathrooms
4
Reception Rooms
3
Studies
1
Exterior
Garages
1
Carports / Parkings
4
Security
Yes
Flatlet
2
Pool
Yes
Views
Yes
Sizes
Floor Size
468m²
Land Size
1,465m²

Montagu, Montagu

The picturesque town of Montagu lies on South Africa’s famous Route 62, which so happens to be the world’s longest wine route. Montagu is just a stone’s throw away from the Robertson Wine Valley.   The village is located just two hours (around 180 kilometres) outside of Cape Town and Montagu property owners enjoy a truly ‘rural’ experience. If you are entering Montagu from the...
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Disclaimer: While every effort will be made to ensure that the information contained within the Chas Everitt International Property Group website is accurate and up to date, Chas Everitt International Property Group 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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

51,536.28

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