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R6,500,000

Monthly Rates
R5,326

Enchanting Assagay Property: A Haven of Endless Possibilities for Discerning Investors

Unique Assagay Property: An Investor's Dream Filled with Endless Character and Income-Generating Potential!

Discover a truly one-of-a-kind property nestled in the picturesque surroundings of Assagay. This enchanting property not only features a beautiful main house but also separate cottages and much more, making it an irresistible opportunity for discerning investment buyers.

Set on a generous plot of land, this spacious home has been designed with versatility in mind, offering a multitude of exciting options to suit various buyer profiles. Whether you have a large family, extended family members seeking their own space, or are eager to tap into the lucrative Airbnb market or business opportunities, this property has it all.

Prepare to be captivated by the income-generating possibilities that await you. In addition to the two cosy cottages, one being a three bedroom and the second a two bedroom, perfect for tenants or short-term rentals, this exceptional property boasts an impressive separate entranced office with 38-cage cattery, kennels with space for approximately 70 dogs, and even four stables for horses, paddock and staff accommodation! With plenty of level land available, equestrians and animal lovers will find their hearts racing with excitement.

The main house is a sheer delight, boasting seven bedrooms and three bathrooms in total. As you enter, you'll be greeted by a designer stairwell enveloped in floor-to-ceiling glass, offering stunning views of the meticulously manicured gardens. Inside the main house, discover two self-contained units: one with two bedrooms and a shared bathroom, and another unit featuring a bedroom and lounge area.

The layout of the main house is thoughtfully designed, with the living areas located downstairs and the bedrooms situated on the upper level. Two exquisitely appointed lounges beckon you towards a sprawling veranda that overlooks a tempting entertainment and pool area, providing the perfect spot to relax and soak in the breathtaking views. Imagine transforming the expansive level land into a horse arena or paddock, complete with a tranquil pond adorned with whimsical water lilies.

The main house also offers a well-appointed private lounge that seamlessly flows into the dining room, as well as an open-plan second lounge that connects harmoniously with the modern kitchen. The kitchen itself is a culinary haven, boasting ample cupboard space, sleek Caesarstone countertops, a centre island, a delightful breakfast nook, and additional scullery/laundry and pantry areas.

Words cannot fully convey the magic and potential of this remarkable property. I strongly urge you to experience it first-hand. Don't miss out on this exceptional investment opportunity—call Michelle Seaton today to arrange a viewing and unlock the endless possibilities of this captivating Assagay home.

Features

6
4.5
5
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
4.5
Kitchens
1
Reception Rooms
3
Studies
2
Exterior
Garages
5
Security
Yes
Flatlet
2
Domestic Accommodation
2
Pool
Yes
Sizes
Floor Size
1,056m²
Land Size
22,683m²

Assagay, Hillcrest

The area, known generally as The Upper Highway, lies between Westville and Pietermaritzburg and is made up of smaller suburbs such as Kloof, Gillitts, Hillcrest, Winston Park, Botha's Hill, Assagay and Waterfall.  Once known as a sleepy village, the Upper Highway has become a much sought-after area for families to invest in their futures. From lush greenery in Kloof to the breath-taking Valley of a Thousand Hills,...
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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

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

 

LOAN AVAILABLE

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Monthly Payment

70,440.96

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