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R4,750,000

Providence 5 Giants Castle Road

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Monthly Rates
R971.8 Excl. VAT

Midlands: 32acres /3 houses-R4 750 000 .... Income generating property

Welcome to Harcourts MIdlands...

Lifestyle smallholding generating a rental income.
This 32acre (13ha) smallholding property situated on the beautiful Giants Castle Road, 20 km from Nottingham Road, 12km from Rosetta and 3.5km from Mooi River. Overlooking Capital Horse Stud (formerly the famous Summerhill Stud) and Hartford House Valley.

This property boasts arguably some of the best views in the Midlands with each season offering a unique colour pallette of changing landscape scenes.

Nestled between diary farms and horsestuds in the green rolling country side of the Natal Midlands.

Close to Treverton and Weston's schools.

Easy access to the N3 - Dbn/Jhb route via Hidcote (exit 152) or Mooi River town.

Currently generating an income from 2 self catering houses and flatlet.

*First House:
Main Homestead: (212sqm)
The main homestead was initially a 4 bedroom 2 bathroom home....however it has been converted into 2 dwellings (easy to convert back to 4 bedroom home):
(1) A large home offering 2 bedrooms, 1 bathroom a very large lounge, a separate study, kitchen and scullery/laundry.
(2) A neat 2 room self contained income producing flatlet offering a lounge/kitchenette and 1 bedroom with bathroom.
Both open onto a large covered verandah with views over the valley and onto the mountains.
Alarm in main house.

*Second House:
Mountain View Cottage: (99sqm)
2 bedrooms, 2 bathrooms, open plan lounge/diningroom/kitchen. Large covered verandah with views.
Pre-paid electrical meter.

* Third House:
Courtyard Cottage: (104sqm)
4 bedrooms, 2 bathrooms, guest toilet. Open plan lounge/diningroom/kitchen.
Pre-paid electrical meter.

*Open Carport (2 cars)
*Off street parking (lots)

*Swimming pool (fenced)
* Wooden cabin (change room/storeroom)
*Sauna

4th Dwelling:
(Staff House) (approx 60sqm)
*2 bedroom Domestic House ( ablutions -no electricity)

5th Dwelling:
*1 x Gardeners room with ablutions -no electricity

*Steel workshop (6m x 4m)

* 1ha fenced garden area

*Electricity: 3 phase Eskom (Both cottages on pre-paid meters)
* Water: Own borehole....(sweet tasting water)

*Veggie garden and orchard

To view, contact Clive or Michelle Lang

Features

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0
Zoning:
Agricultural
Exterior
Security
No
Sizes
Floor Size
212m²
Land Size
13Ha
Extras
Alarm System • Staff Quarters: Bedrooms • Staff Quarters: Bathroom • Staff Quarters: Open Plan • Staff Quarters: Kitchen
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Harcourts South Africa website is accurate and up to date, Harcourts South Africa 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

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Transfer Fees
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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%
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GRAND TOTAL:

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MONTHLY REPAYMENTS

 

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Monthly Payment

67,463.99

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