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R7,570,000

Monthly Bond Repayment R80,728.72
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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A Unique Opportunity Awaits: Farm for Sale with Exceptional Features

Nestled in a picturesque setting, this remarkable farm offers a blend of versatility and charm, making it an ideal investment or a perfect retreat. Spanning a generous area, the property is fully walled and features a host of amenities designed for both comfort and functionality.

At the heart of this farm are two serene dams that enhance the property’s tranquil ambiance, offering a peaceful escape amidst nature. The farm includes a variety of housing options, with eight residences ranging from one to four bedrooms. Each unit is equipped with essential amenities and is complemented by fully operational JoJo tanks, ensuring a reliable water supply for all the homes and flats.

The property also boasts an impressive array of facilities designed for both personal and professional use. A well-appointed conference center is available for hosting events and meetings, while the warehouses and storerooms offer ample space for storage and operational needs. Multiple garages provide convenient parking and additional storage options.

Current rental income stands at R45,000 per month, with considerable potential for increased revenue given the property’s diverse offerings and its attractive features. The security measures include an alarm system, armed response, electric fencing, and a security gate, ensuring peace of mind for all occupants.

The farm is pet-friendly and features a private garden, perfect for outdoor leisure. The property also includes modern conveniences such as a built-in braai, satellite dish, and a study. Enjoy scenic views from various vantage points, and relax in the TV lounge or on the undercover patio.

This property is not only a safe and secure haven but also a promising investment with its extensive facilities and strong rental potential. It offers a unique blend of functionality and comfort in a private, secure environment.

Don’t miss out on this exceptional opportunity—contact us to explore the full potential of this remarkable farm.

Features

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Sizes
Land Size
11Ha
Extras
Built In Braai • Electric Fencing • Perimeter Wall • Satellite Dish • Country Living • Patio • Garden • Alarm System • Warehouse • Security Estate • Gym • Office • Septic Tank • Security Gate • Storeroom • Staff Quarters Domestic Rooms

Cove Ridge East, East London

Located halfway between Durban and Cape Town, and at the northern end of The Sunshine Coast, property investors will come home to a city with a seaside lifestyle. A sub-tropical climate compliments golden sun kissed shores, where waves soak the sand on pristine, uncommercialised beaches. In East London, there is a place for everyone to call home. If your budget and lifestyle is conducive to luxury living, suburbs...
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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

80,728.72

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