Immaculate, unique and lots of potential

R 17,800,000

Can I afford this?
2 months ago161 views
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General Details
For Sale By:Agency
Dwelling Type:Farm
Bedrooms (#):5
Bathrooms (#):3
Size (sqm):40
Parking:Garage
Description
This agricultural property is 40 ha in size. Permitted by the Department of Agriculture, Rural Development and Land Administration to use for warehouse purposes. Access to this property is directly from the tarred road. The farm has a large dam, covering roughly 7 ha of the farm. This dam holds a developing potential in the tourism market.
The main house is 5-bedroom partial double storey building with a Harvey tile pitched roof. All finishings are exquisite, with aluminium window frames and a well-fitted kitchen. Floor areas varies from tiled, carpets and artificial wood. Three spacious bathrooms with modern amenities, a lounge, dining room, laundry, kitchen, pantry, scullery, covered stoep, family room, two store-rooms and a glass covered entrance way. The property is well secured with barriers, alarm, and a camera system. The garden around the main house has security beams and an electrical fence spanning 1.3 km in total.
This farm also offers a function venue, two offices with toilet, covered stoep and archive.
Additional dwellings to the main house: two x four-bedroom houses and 1 x 2-bedroom houses. All three houses have a separate entrance from the main road. These houses are also strategically placed to have views of the dam.
Other accommodation on the property are 2 x bachelors flats, 2x one bedroom, one-bathroom flats.
All buildings are in an excellent condition.
Out buildings on the property: a large warehouse, a squash court, tool shed, two bathrooms, double garage at the houses facing the dam. Five garages at main dwelling, eight stables, and two permitted commercial warehouses.
Other improvements include a swimming pool, paved driveways, carports, jacuzzi, lapa, security fence, electrical sliding gates and two koi ponds.
Current rental income to the property is approximately R130 000.00 per month.
A valuation report is available to serious buyers.

# Office / Study: 1
# Parking: 5
Has Garden
Property Reference #: 2089752

Agent Details:
Letitia Entres
Karis Properties
553 Jacqueline Drive,
Garsfontein,
Pretoria East,
0042
Constantia Park
181
Id Subtitle 1263377839
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Estimated monthly repaymentR 192,900
Total property loan amountR 17,800,000
Total interestR 28,495,966
Total repaymentR 46,295,966
Interest rate at 11.75% for 20 years *
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