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R11,500,000

Monthly Bond Repayment R124,626.31
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R1,668

Investment opportunity!

This 8.56 Ha, well-developed plot is situated 5 Km West of the N8.

It consists of:
2 Large stores (1 workshop)
Plus, minus 800, 4 to 5-year-old beautiful pomegranate trees under drip irrigation. Can be doubled.

4 Boreholes, 1 equipped, enough water, even in drought.

A few sheep plus, minus 10 to keep the field in check.
Tractor with various implements and purpose-built implements.
Various tools and equipment.
A bunch of iron and a bunch of screws, and hardware for the maintenance of houses, implements, irrigation, etc.

6 Residential units, 5 rentable, 1 for personal residence or (rentable with workshop.)

House 1:
Large 4-bedroom house with a corrugated roof.
4 Bathrooms, 3 En-Suite.
Kitchen (Gas stove, electric oven)
Laundry or Sunroom.
Large living-dining room with built-in barbecue (thatched roof.)
1 Large office.
3 Air conditioners.
Front porch.
Large garden.
2 Double garages with a large double sink carport.
Outbuilding for gardening tools.
Prepaid electricity meter.
Water meter (Owner reads and monitors usage.)

House 2:
3 Bedrooms, with a large front porch.
1 En-Suite bathroom.
1 Separate bathroom.
Open-plan living-dining room, kitchen (gas stove and electric oven.)
Double garage.
Separate double carports (Shadeports.)
Separate back and front gardens.
Plenty of cabinets.
Prepaid electricity meter.
Water meter (Owner reads and monitors usage.)

House 3:
2 Bedrooms with front and back porches.
1 Bathroom, very large space for a washing machine.
Open-plan living-dining room and kitchen.
Full gas stove.
1 Garage with carport (Tandem.)
Small garden.
Prepaid electricity meter.
Water meter (Owner reads and monitors usage.)

House 4:
2 Bedrooms with a porch.
12V lights with solar panels.
1 Bathroom.
Open-plan living-dining room and kitchen (sliding butcher's block)
2-burner gas stove (no oven.)
Double garage carports (3 vehicles.)
Very small garden.
Prepaid electricity meter.
Water meter (Owner reads and monitors usage.)

House 5:
2 Bedrooms with a front porch.
12V lights with solar panels.
1 Bathroom.
Open-plan living-dining room and kitchen (sliding butcher's block)
2-burner gas stove (no oven.)
Double garage carports.
Larger garden.
Prepaid electricity meter.
Water meter (Owner reads and monitors usage.)

House 6:
3 Bedroom house. (Attached to the workshop.)
2 Bathrooms, 1 En-Suite.
Open-plan living-dining room and kitchen with a wash-up area.
Full stove.
Braai or sitting room with built-in barbecue.
Jacuzzi.
Small office.
Front and back porches.
Private small garden and medium-sized garden.
Double garage and double tandem carport.
Outbuilding for garden tools.

Workers' houses:

House 1:
2 Bedrooms with 1 bathroom.

House 2:
3 Bedrooms with an open-plan kitchen, living-dining room.
Bathroom with shower and sink.
Outside toilets.
Makuku.
Both units are connected.

ADDITIONAL INFORMATION:
Very good investment plot, earmarked for housing by the municipality in the future.
Ideal for a large extended family or renting out.
Owner is VAT registered.
3 Phase power.
Good rental income, plus. minus R50 000 per month.
Plus, minus 2000 square meters under roof.
Shared swimming pool, barbecue area with kitchenette, and bathroom.
Most of the furniture is included as well as all implements and equipment.
Carwash facilities.

Sold as a going concern.

Contact the agent today if you are interested in this great opportunity.

Features

0
0
Pets Allowed
Yes
Exterior
Security
No
Pool
Yes
Sizes
Land Size
8Ha
 
  • 1
 

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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

R
%

Monthly Payment

124,626.31

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