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R4,850,000

Monthly Bond Repayment R51,721.84
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

4.2 ha Smallholding with 6 Houses, Tiegerpoort AH

Bargain
Price drastically reduced
4.2 ha Smallholding with 6 Houses with current rental income of R 40 200.00 pm.
Price Drastically Reduced.
Your rental income could cover your bond!
The current owner occupies 2 of the existing houses, if rented out it could generate an additional income of R 19 500 pm.


INCOME 2021

MAIN HOUSE                       ZAR 12 000,00
PLOVER                                 ZAR 8 000,00
MULBERRY                           ZAR 5 500,00
WEAVER                                ZAR 7 000,00
WORKSHOP COTTAGE       ZAR 6 500,00
STEPHUB                             ZAR 15 000,00
5 X WENDY HOUSES          ZAR 6 500,00
STAFF HOUSE                      ZAR 600,00
TOTAL                                  ZAR 61 100,00

There is a borehole delivering a staggering 6,000 liters per hour.
Approximately 1.5 ha planted with cashew nuts, already in fruition.
The property borders Garsfontein Road just past Tiegerpoort OK & Garage.
Property consists of the following:
1) Main House:
4 Bedroom, 2 Bathroom (1 main-en-suite), study, additional office of 30 m2 with own entrance.
Dining room, open plan kitchen with scullery, owl shaped lounge and living room, double garage, big kitchen with scullery.
Outside lapa, with braai and pizza oven and huge swimming pool.
(House in good condition but in need of modernizing) .
Own Prepaid electricity meter
Potential Rent R 13 000.00 pm
2) House (Plover Cottage)
Newly renovated.
2 Bedroom, 1 Bathroom with open plan lounge, modern kitchen, and new fireplace. Double garage with big, enclosed yard.
Own Prepaid electricity meter.
Rented for R 8500.00 pm.
3) House (Mulburry Cottage)
Needs renovation.
2 Bedroom, 1 Bathroom, open plan kitchen and living room, carport and big, enclosed yard.
Own Prepaid electricity meter.
Rented for R 5500.00 pm.
4) House (Weaver Bird Cottage).
Newly renovated.
3 Bedroom, 2 Bathrooms (1 main-en-suite), open plan lounge, dining room and kitchen.
Double carport with big, enclosed garden.
Own Prepaid electricity meter.
Rented for R 7000.00 pm.
5) House (Tulip Cottage)
Needs Renovation
1 Bedroom with 1 Bathroom, living room and open plan lounge with kitchen, 1 carport with enclosed garden.
Rented for R 4700.00 pm.
6) House (Workshop Cottage)
Needs Renovation
2 Bedroom, 1 Bathroom, lounge, living room, kitchen with scullery, 2 carports with enclosed garden.
Potential Rent R 6500.00
7. 5 Wendy Houses with separate outside toilets and shower.
Rented for R 6500.00 pm
8. 1000 m2 fenced off with tenants Mobile Offices.
Rented for R 8000.00 pm by National Road Maintenance company (New lease to be signed for 3 years)
EXCELLENT INCOME CURRENTLY WITH MORE POTENTIAL.
DON'T MISS THIS ONE, IT WILL SELL QUICKLY.
CONTACT US!

Features

0
0
Pets Allowed
Yes
Exterior
Pool
Yes
Sizes
Land Size
42,000m²
Extras
Air Conditioning Unit • Country Side • Garage
 
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Disclaimer: While every effort will be made to ensure that the information contained within the EXP Realty website is accurate and up to date, EXP Realty 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

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Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

51,721.84

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