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1.72Ha COUNTRY LODGE FOR SALE IN THE STUNNING SOMERSET WEST RURAL AREA.
R 10,500,000
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1 year ago1661 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Townhouse-villa
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):1000
Parking:None
Description
Are you looking for a fantastic investment opportunity? Look no further than this extraordinary small lodge located in the beautiful Somerset West Rural. This 1.72ha property offers a good existing rental income and is perfect for you and your family going forward.
With numerous houses and cottages on the property, you can take advantage of the great rental income potential. Whether you choose to rent out cottages on a short-term basis or accrue monthly rental income, the ROI is over 10%. And with an additional capital investment of just R3 million, that ROI can be even greater.
Each of the buildings on this property is unique and has something special to offer, from the Oregon Pine floors to the yellow wood beams and interesting wall decorations. And with the South Africa Sports Academy adding a full-size rugby field, cricket nets, gym, and other facilities, rental income is sure to increase.
Don't miss out on the opportunity to own this piece of heaven. This property is available for sale for R10,500,000.00 excl VAT or R12,075,000.00 INCL VAT, and with the right entity, the transaction can be zero-rated, saving you money for repairs and maintenance.
Call Gary today to learn more about this property and investment opportunity.
Has Pool
Property Reference #: RL6150
Agent Details:
Gary Terblanche
Agrisell PTY Ltd
9A Kerk Street
Piketberg
7320
With numerous houses and cottages on the property, you can take advantage of the great rental income potential. Whether you choose to rent out cottages on a short-term basis or accrue monthly rental income, the ROI is over 10%. And with an additional capital investment of just R3 million, that ROI can be even greater.
Each of the buildings on this property is unique and has something special to offer, from the Oregon Pine floors to the yellow wood beams and interesting wall decorations. And with the South Africa Sports Academy adding a full-size rugby field, cricket nets, gym, and other facilities, rental income is sure to increase.
Don't miss out on the opportunity to own this piece of heaven. This property is available for sale for R10,500,000.00 excl VAT or R12,075,000.00 INCL VAT, and with the right entity, the transaction can be zero-rated, saving you money for repairs and maintenance.
Call Gary today to learn more about this property and investment opportunity.
Has Pool
Property Reference #: RL6150
Agent Details:
Gary Terblanche
Agrisell PTY Ltd
9A Kerk Street
Piketberg
7320
Id Subtitle 1179030589
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Estimated monthly repaymentR 113,790
Total property loan amountR 10,500,000
Total interestR 16,809,418
Total repaymentR 27,309,418
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Agrisell PTY Ltd
Selling for 6+ years
Total Ads566
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