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R4,800,000

Monthly Bond Repayment R50,364.29
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Rates
R1,100

Combining Historical Charm, Modern Amenities, Income Potential, and a Peaceful Lifestyle

A unique and well-equipped estate with a mix of historical charm and modern amenities. The combination of rural grace, proximity to conveniences, and various infrastructure elements makes it a compelling investment. Here's a breakdown of key features and potential benefits:

1. Location: The property is strategically located to offer a peaceful countryside setting while being close to Graaff-Reinet city/town and a golf course. This balance provides residents with the tranquility of rural living along with easy access to urban conveniences.

2. Value: The property is described as having a replacement value that exceeds the asking price. This, coupled with the existing infrastructure, makes it a significant investment. The potential for improvements or renovations further adds value.

3. Services:
- Water: The presence of three boreholes, 7 rainwater tanks, and 2 swimming pools ensures an abundant and sustainable water supply.
- Energy: The property is equipped with a substantial Eskom transformer, 3-phase power, and a backup generator, providing reliable and efficient energy solutions.

4. Safety: Security features such as an automated entrance gate, electric fencing, and alarm systems contribute to the overall safety and well-being of the property.

5. Infrastructure:
- The main farmhouse, built in 1806, offers historical charm with spacious living areas and original features.
- A 4-star farm stay overnight cottage provides immediate income potential.
- Additional cottages, a swimming pool house, conference and entertainment building, built-in braai and pizza oven, covered garages/workshops, a Knysna wooden cabin, and a large farm warehouse contribute to the diverse infrastructure on the property.

6. Land:
- Cleared land ready for growing or farming.
- A fruit orchard, green grass around primary accommodation buildings, gardens, olive trees, and irrigation systems enhance the agricultural aspect of the property.

7. Views: Remarkable views of nearby mountains and the surrounding land add to the aesthetic appeal of the property.

8. Income Earning Potentials: The property offers immediate opportunities for income generation through overnight accommodation business with existing cottages and a cabin. Additionally, there are many farming opportunities, further diversifying potential revenue streams.

9. Tranquil Lifestyle: The property provides a rare and tranquil lifestyle with peace and tranquility on a grand scale.

This property appears to be a versatile investment with a mix of residential, agricultural, and income-generating potential, making it attractive for those seeking a unique and well-rounded estate.

Features

5
2
1
Pets Allowed
Yes
Interior
Bedrooms
5
Bathrooms
2
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Garages
1
Carports / Parkings
4
Security
Yes
Flatlet
1
Domestic Accommodation
1
Pool
Yes
Sizes
Land Size
66,420m²
Extras
Farming • Irrigation Farm • 24 Hour Response • Alarm System • Air Conditioner • Pool Shed • Accommodation • Wooden Floors • Covered Patio • Double Bed • Closed Circuit TV • Fenced • Intercom

Downloads

DISCLOSR - De Erf Graaff Reinet - June 2019.pdf0 bytes
Harcourt Mandate - De Erf.pdf0 bytes
Morne ID kaart.pdf0 bytes
Proof of Adress.pdf0 bytes
 
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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 Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

50,364.29

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