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Executive style farm 10 kms from Newcastle on the Normandien road

This 435 Ha farm is situated close to the Hope Auction center and is currently mainly used for grazing. The fencing is in very good condition and it has water in all the camps. There are 3 houses on the homestead that is currently rented out generating a passive income of approximately R15000 per month. The farm has one informal settlement upon it but has no land claims against it. There is a possibility of opening up about 100 Ha dry land or maybe pastures for winter feeding.
This farm will suit a business person as it is close to town and easily accessible with the tar road virtually right up to the homestead.
Do not miss the opportunity to own such a sought after property, contact me now for a viewing!!!!

Features

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Zoning:
Agricultural
Exterior
Security
No
Sizes
Floor Size
1,000m²
Land Size
435Ha

Newcastle Rural, Newcastle

Newcastle is in the northwest corner of KZN along the Ncandu River and set at the northern foothills of the Drakensberg Mountains. It is one of the countries busiest industrial centres and for this reason has earned the nickname "the City of Opportunities" The N11 and R34 are the 2 main roads linking Newcastle to the rest of South Africa. The driving time from Newcastle to Durban is 4 hours and 3 hours from...
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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

168,011.56

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