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R1,800,000

19 Old Durban Road

Monthly Bond Repayment R18,886.61
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Rates
R400

House/Land with income Potential

URGENT SALE (all offers will be considered) urgently looking for a new owner to take over and restore this property which is a relatively level terrain spanning 3,169 hectares, this property offers a myriad of income-generating opportunities, ranging from agricultural farming to establishing a restaurant. Conveniently located just one kilometer from central Richmond and easily accessible via the R56, it is also a mere 25-minute drive from Pietermaritzburg. In addition there are Combined schools within 12 kilometers of this home

The property includes:

A 5-bedroom house with 3 bathrooms
Spacious lounge and dining room
Kitchen with scullery and walk-in pantry
A traditional farmhouse veranda with scenic views of the garden and dam
Two dams on the premises (requiring some maintenance)
A pump house for the Boorgat Pump AxFlow AQS which is electrical and solar compatible (manual available)
A borehole, yielding a substantial water supply (approximately 3000 kl per hour)
A fully equipped restaurant with a bar, featuring both an outdoor veranda and an indoor dining area
Existing housing for chickens and ducks
Structures for cattle and a piggery
While the dams may require upkeep, the property's potential is vast, and we are seeking a new owner to personalize and capitalize on its diverse possibilities. Contact us to arrange a viewing and explore the potential of this unique opportunity to establish a business on the outskirts of town

Features

5
3
2
Pets Allowed
Yes
Interior
Bedrooms
5
Bathrooms
3
Kitchens
1
Reception Rooms
2
Exterior
Garages
2
Sizes
Land Size
3Ha
Extras
Lifestyle Farm
 
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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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

18,886.61

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