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R12,995,000

Monthly Bond Repayment R140,827.73
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Welcome To The Charming Village Of McGregor And Embrace Life In The Country!

A mere 2 hours from Cape Town, own a part of paradise and history, with five historical buildings (of which 3 are National Monuments), situated on two and a half acres at the top of the village with spectacular views over the Langeberg mountains and surrounds.

The estate consist of a well established luxury Guesthouse with appointed en suite bedrooms, a 50-seater restaurant, 'Fridas Tappas', with a large patio taking in the very best views in Mc Gregor, an Historic Water Mill which dates from the early 1860'ies, which creates a dramatic backdrop to the function venue, as well as a separate Georgian style homestead.

Guesthouse:

Two luxury two rooms are situated in the beautiful separate old barn building (monument). The family unit lies to the right of the main Manor house , also freestanding with own entrance and parking adjacent. The other two rooms are both housed in the Manor house with separate outside entrances. All rooms are furnished with a eclectic mix of furniture, and all en suite. Stunning black tiled pool with waterfall feature for in-house guests to enjoy. Guest house fully integrated with on-line booking platforms.

Restaurant:

The gorgeous Cape dutch style manor house is home to the recently renovated (and TV show appearance) restaurant with its yellowwood beams and expansive north facing veranda where diners and guests enjoy sundowners while overlooking the Langeberg mountains in a distance. The space also has a beautiful lounge and library with fireplace for guests to relax. The quaint bar services both the front veranda, as well as the gorgeous back area under the huge Sycamore tree - ideal for serving long lazy lunches.The kitchen is fully equipped with all the mod cons of a commercial kitchen, as well a scullery and pantry. The property has a full liquor licence that covers the whole estate - making it ideal for large functions.

Old Water Mill:

The Water Mill serves as a backdrop for the ideal wedding and function venue. As one of the oldest buildings in the area, it no longer serves as functioning mill, but is a beautiful national monument treasure. Architect design plans are in place to convert the space to a wedding venue while being true to the historic elements.

Georgian house (owner)

Beautifully preserved Georgian double story house, situated to the back of the estate, with separate entrance and parking for four vehicles. Large renovated open plan kitchen, lounge and dining room, opening up to private patio and garden. Three bedrooms, two bathrooms. Main bedroom is en suite and has private patio overlooking the Water Mill. Totally separate second patio with place for private plunge pool.

The Grounds:

Of the 10 000sqm of erf, almost 5000sqm of the erf is sub-divisional (subject to approval), with road access on two sides, with a minimum value return of about R3million . Alternative potential to develop and build units on property is possible, making it great for additional income .

GoIng Concern.

The whole estate is sold as going concern including furniture, equipment etc. Sale is divided into two purchase offers: one for the moveable asset and goodwill (PTY company) and fixed assets (the land). None are VAT registered. Up to date financials available

Features

9
7
Interior
Bedrooms
9
Bathrooms
7
Kitchens
2
Reception Rooms
4
Furnished
Exterior
Carports / Parkings
10
Security
Yes
Pool
Yes
Sizes
Land Size
8,783m²
 
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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

 

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Monthly Payment

140,827.73

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