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R4,750,000

Providence 5 Giants Castle Road

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Monthly Rates
R1,000 Excl. VAT

Midlands: 32acres /3 houses-R4 750 000 .... Generating R31 000pm

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 palette of changing landscape scenes with each changing season.

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 of R31 000 per month 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.

*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.

*2 x Open Carports (4 cars)
*Off street parking (30+)

*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 Michelle Lang

Features

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0
Zoning:
Agricultural
Exterior
Security
No
Sizes
Floor Size
212m²
Land Size
13Ha
Extras
Staff Quarters: Bedrooms • Staff Quarters: Bathroom • Staff Quarters: Open Plan • Staff Quarters: Kitchen • Accommodation • Country Living

Mpofana, Mooi River

Introduction Mooi River, situated in the KwaZulu-Natal Midlands of South Africa, is a beautiful town that boasts beautiful landscapes and an energetic agricultural community. Nature lovers, families, or anyone looking for a place to unwind will find Mooi River a perfect combination of rustic charm and modern convenience. Regardless of whether you are contemplating making it your new home or just visiting; there...
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Transfer Costs

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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%
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GRAND TOTAL:

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MONTHLY REPAYMENTS

 

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Monthly Payment

65,431.26

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