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R19,000,000

6 1000 Hills Drive

Monthly Bond Repayment R202,621.63
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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The Ultimate Equestrian Property

An magnificent equestrian property located in Drummond comprising 37 acres of incredible real estate with a comprehensive offering of impressive arenas and grazing paddocks (fibre and grass) and multiple dwellings. Currently run as a dedicated Equestrian Centre with an amazing array of facilities, which include:

6 Arenas
180m long undercover fibre arena complete with electric lighting, sound system, spectator seating, judge's box, overhang for horse boxes
Fibre dressage arena 80m x 20m
Grass showjumping arena
Oval fibre arena with seating
Grass cross country arena
L-shaped fibre arena 150m x 58m

24 Stables
13 undercover in concrete building and 11 outdoor stables under shade cloth

Office, tack room, coffee bar, public ablutions, enormous store rooms, garaging, staff and groom accommodation

Cottages
1 x 2 bed apartment
3 x 2 bed cottages
1 x 3 bed cottage
Total current rental income approximately R45,000 per month.

The main arena is hired out for horse shows and events, and the livery yard, when in full capacity, provides a healthy return.

There are 4 dams on this magnificent property which are resplendent with prolific birdlife and there are incredible country views every which way you turn.

This farm offers a multitude of possibilities for the serious equestrian or investor - please contact me to find out more.

Features

11
6
2
Pets Allowed
Yes
Interior
Bedrooms
11
Bathrooms
6
Kitchens
5
Reception Rooms
10
Exterior
Garages
2
Security
Yes
Flatlet
5
Domestic Accommodation
1
Sizes
Land Size
123,021m²

Drummond, 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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

202,621.63

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