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R32,000,000

Monthly Bond Repayment R341,257.48
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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4 STAR GUEST HOUSE ON A WORKING HISTORIC FARM

This 17,5 ha Paarl farm is a property with soul and part of the seventeenth century Cape Dutch history.
With the homestead being converted into a guest house, the restoration was carried out in such a way to preserve all the original features and characteristics of the old house. Among others, the ceilings have their original exposed wooden beams and the old original doors have also been retained.
This original thatched roof homestead (anno 1692) offers well-equipped rooms consisting of 5 luxury rooms which all are en-suite, individually appointed and offer charming accommodation. A subtle touch of modern flair is evident. Walking out from both the kitchen and living area (with bar facilities) you can enjoy yourself at the "get-together area" with a pergola, swimming pool, pizza oven and "braai".
Close to the original homestead is a thatch annex building of similar age, offering 2 luxury rooms and 1 standard room (all en-suite) as well as a 1 bedroom "manager's apartment" with an open plan living area.
Other buildings include a farm implement shed as well as 6 occupied labourer cottages.
Should the new owner want to convert the shed into a wedding/function venue and want to build a wine cellar with restaurant, approval from the local authorities have already been obtained for such expansions.
Farming activities consist of the production of wine grapes and guavas under irrigation. Vineyards cover approximately 7 ha with a variety of cultivars, delivered to Boland Wine Cellar of which the cellar shares are included in the purchase price. The majority of the approximately 3,5 ha under guavas is delivered to the canning industry while the remainder is taken up by a company making juice. Buildings, gardens, the dam and some waste land take up the rest of the farm.
The necessary security by means of beams, CCTV and electric perimeter fencing is in place.
The right to obtain water from a mountain stream has been conceded in favour of the property, embedded in the title deed. This water flows into a storage dam on the farm, which is supplemented by a bore hole. These 2 water sources are sufficient to supply water all year round for all the agricultural activities, the lush gardens as well as all drinking water for human consumption.
Located in a picturesque setting, the surrounding impressive mountain views are an awesome bonus.
This well-maintained property is offered as a going concern (seller is VAT registered) with implements, equipment and furniture for both the farm section and the homestead/ guesthouse section included in the deal.
As an incredible place for the right buyer is this gem ripe for the taking.
Price: R32 000 000,00

Features

8
8
2
Pets Allowed
Yes
Interior
Bedrooms
8
Bathrooms
8
Reception Rooms
3
Exterior
Garages
2
Security
No
Pool
Yes
Sizes
Land Size
17Ha
 
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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

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Monthly Payment

341,257.48

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