Properties for rent in Kwazulu-Natal

11/29/2008 - hylton

This is a great Property located in Newcastle Kwazulu-Natal South Africa and is for rent listed by hylton for 2,000,000 ZAR on 29 November 2008. The Property is 7,700 sq m, has 0 bedrooms and 0 bathrooms . Quote Reference 001. Inkwelo misty morning

Property in Newcastle Kwazulu-Natal, South Africa

Property in Kwazulu-Natal | Property in South Africa | Kwazulu-Natal Property News | South Africa Property News |Back

Bedrooms: 0	Bathrooms: 0	Size: 7,700 sq m
Price: 2,000,000 ZAR (EUROS) € 181,000 (GBP) £ 157,800 (US) $ 258,000

Property Description

Inkwelo Motel Bed and Breakfast for sale. Lock, stock and barrel.
Plus minus 7 hectare.
Midway between Newcastle and Volksrust on the N11.

Some 800 meters of main road frontage. 7 staff quarters.
Scullery. Strong Room. 5 on suite rondawels. 4 on suite rooms.
A frame 3 bedroom house. Managers quarters large in motel.
Main hall, dance or seat 200.
Restaurant seats 40. Bar. Caravan park. Mud dam with centre island.
2 boreholes. Eskom 3 phase. 3 strategic fireplaces. 3 offices.
Games room, pool table, darts. Paddocks. Large pool. Workshop.
Kiddies swings. Beautiful trees, green grass and shrubs.
Kitchen large, electrical and gas, all utensils stay.
No land claims, no permanent staff.
Buildings are aprox 2434 square meters

Search "INKWELO" on internet

27 deg 31 min 47 south 29 deg 51 min 35 east

Contact Hylton Shaw 0793136863 hylton@hyltech.com

hylton
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South Africa Mortgages: Example for REF 001

( Property in Newcastle Kwazulu-Natal, South Africa )

Interest only mortgage

Example APR = 5.1 %
Example Mortgage Term = 30 years
30% Deposit = 600,000 ZAR
70 % Financed = 1,400,000 ZAR
Monthly mortgage repayment = 5950 ZAR (€ 538.48/ £ 469.46/ $ 767.55)

Capital repayment mortgage:

Example APR = 5.1 %
Example Mortgage Term = 30 years
30% Deposit = 600,000 ZAR
70 % Financed = 1,400,000 ZAR
Monthly mortgage repayment = 7601.3 ZAR (€ 687.92/ £ 599.74/ $ 980.57)

Correct as at Friday, July 30, 2010