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R8,995,000

Monthly Bond Repayment R95,925.35
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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THE PERFECT INVESTMENT PROPERTY WITH INCREDIBLE OPPORTUNITY

Peace, tranquility and beautiful views.  This prime agricultural property, with irrigation, sits right along the Sundays River with about 650 meters of river frontage which not only makes for great views but also bountiful bird life and fun water activities.
Very successfully run as a lodge for many years, the current owners decided to lay down the lodge reigns and retire.  Although it is not on the market as a going concern, it continues to have excellent potential for this purpose in close proximity to the Addo Elephant National Park.  This income can be supplemented by the lucerne currently growing on 6.5 hectares of the farm - all under irrigation. 8 hectares of the farm has water rights.
There are 2 store houses (storage barns) on the property as well as a pump house which pumps water from the dam for the irrigation of the lands and supply to the houses.
The main house is approximately 300 sqr meters and comprises a reception/study/office with a storeroom/filing room, as you enter through the front door into the foyer. A beautifully fitted and practical kitchen with a stunning large center island with a glass hob leads into a scullery area. A lovely counter separates the large living area which comprises a dining room, lounge and guest toilet, from the kitchen. This makes for a good socializing area. Together with all 5 of the en suite bedrooms, the living area has patio doors that open onto the sun deck facing the Sundays River. A double garage could be used for additional storage or for the usual purpose of parking vehicles. Additional open parking space can be found as you exit the scullery of the main house.
Just about 100 m away is the second house, measuring 220 sqr meters, with two large en suite bedrooms, a dining room, lounge, additional sun lounge and kitchen.  It also has patio doors opening up on the (deck) patio facing the river. It has a single garage with a small flatlet attached which could be used as staff accommodation.
Both houses have full security systems fitted including alarms, CCTV, burglar bars and security gates for security and peace of mind of all residents.
A full water filtration system comprising 4 x 5 000 litre water tanks for domestic use at the main house also feeds to the second house. And then there are an additional two rain water tanks at each house.
The lucerne equipment could be included in the sale subject to negotiations and certain items of furniture could also be included in the sale upon request and with agreement of the sellers.
The fertile ground is perfectly prepared and suited to citrus and the irrigation system was originally laid for the purpose of citrus.
A 3kVA solar system specifically for the water supply system has been installed on the property as well as an additional 8 kVA Inverter system with  10 x 450 watt Canadian Solar with Lithium batteries and a 25 year warranty. 
Contact me for a viewing appointment to see the incredible income potential and beauty of this little piece of heaven.

Features

7
8
Pets Allowed
Yes
Interior
Bedrooms
7
Bathrooms
8
Reception Rooms
5
Exterior
Carports / Parkings
13
Sizes
Floor Size
300m²
Land Size
114,000m²
Extras
Balcony • Pets Allowed
 
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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

95,925.35

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