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R8,900,000

10 Summerhill Avenue

Monthly Bond Repayment R96,449.93
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R11,281

Summerveld lodge. An opportunity awaits for investment.

estled in the idyllic Summerveld area, Summerveld Lodge stands as a distinguished Bed and Breakfast, epitomizing rustic charm and modern luxury. With eight tastefully appointed ensuite bedrooms, this lodge offers a serene retreat for guests seeking respite in a tranquil countryside setting. The renowned on-site restaurant invites patrons to savor exquisite culinary delights, while the inviting pub and gaming area provide a relaxed space for socializing.

Sprawled across five acres, Summerveld Lodge is not just a retreat; it's a venue. Known for hosting horse shows, dog shows, and enchanting wedding events, the property seamlessly blends elegance with functionality. From birthdays and 21st parties to corporate team-building events, the facilities cater to diverse occasions.

Enhancing the lodge's appeal are four charming cottages, offering a lucrative opportunity for short and long-term rentals. Meticulously maintained, the property exudes a quintessential country atmosphere, creating a haven for those seeking a peaceful escape. Whether yearning for a country retreat or aspiring to run a family business, Summerveld Lodge beckons with its unique blend of natural beauty and versatile hospitality amenities.

Features

8
8
4
Interior
Bedrooms
8
Bathrooms
8
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Garages
4
Carports / Parkings
25
Security
Yes
Flatlet
4
Domestic Accommodation
2
Sizes
Land Size
21,675m²
Extras
24 Hour Access • Air Conditioner • Accommodation • Bar Counter • Country Living • Air Conditioning Unit • Fenced • Lifestyle Farm • Modern

Summerveld, Hillcrest

Nestled in the Valley of a Thousand Hills, Hillcrest has a slightly cooler and less humid climate than other parts of Durban. It's a family-friendly suburb, with many private schools, parks and kid-friendly restaurants.   Estate living is very common, with many estates boasting well-kept golf courses. Built amongst rolling hills, houses have magnificent views of the valley and lush, surrounding...
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In the news

SPCA Fundraising Event
2020 has been a challenging year for all of us... so we at Dormehl Phalane Property Group Upper Highway decided to give back to our community by hosting a fund raiser at the Kloof and Highway SPCA on Saturday the 21st of...
 
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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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

96,449.93

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