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R19,999,000

Monthly Bond Repayment R216,730.58
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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FARM WITH POTENTIAL COMMERCIAL DEVELOPMENT

Nestled adjacent to the Sakabula country estate along the R617 road, Dunning Estates boasts immense promise as a key corridor in the Umngeni Municipal Spatial Development Framework (SDF). Positioned to evolve into a dynamic Mixed-Use hub spanning from Howick to the Mpophomeni Urban Edge Boundary, it presents an exciting opportunity for discerning developers.

At the heart of Dunning Estates lies Drie Fontein, a functional farm encompassing 41.1572 hectares. This fertile land has been utilized for cultivating vegetables, maize, and hay, alongside providing ample grazing space for livestock. Within this expansive estate, Dunning Country House stands as a versatile hospitality venue, offering a range of accommodation options and commercial potential.

Dunning Country House caters to diverse accommodation needs, including Bed & Breakfast, Self-Catering, and Long-Term stays. Its array of facilities, such as the Lodge, Madala Cottage, Garden Cottage, Saddle Cottage, Aloe Gardens, Bull Cottage, Boho Cottage, Phoenix Cottage, Function Hall, Lecture Room, Staff Kitchen, Outbuildings, and Eco Park Village, ensure a comfortable and convenient experience for guests. Moreover, it serves as a coveted venue for conferences, weddings, functions, and training sessions.

For more information on this exceptional opportunity to develop and capitalize on this property's potential for generating substantial income, please don't hesitate to contact me.

Features

25
25
Pets Allowed
Yes
Interior
Bedrooms
25
Bathrooms
25
Kitchens
10
Reception Rooms
17
Studies
2
Furnished
Exterior
Carports / Parkings
28
Flatlet
7
Domestic Accommodation
9
Pool
Yes
Sizes
Land Size
41Ha
Extras
Accommodation • Bachelor Studio • Balcony Room • Borehole • Carport • Country Living • Double Storey • Garden Flat • Flatlet • Immaculate Condition • Linen Room • Pantry • Office • Recreation Room • Staff Quarters Domestic Rooms • Farming • Septic Tank • Visitors Parking • Water Tanks • Vegetable Farm • Live Stock Farm • Cash Crops • Fruit Farm • Lifestyle Farm
 
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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

216,730.58

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