5 Bedroom smallholding for auction in Albertinia

R 3,500,000

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29 days ago105 views
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General Details
Location:
For Sale By:Agency
Description

Going on Auction: Wednesday 22 May 2024
Reserve Price: R3 500 000.00 (All offers will be reviewed)
Expected Opening Bid: R2 995 000.00
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)

The spacious front property consists of a lounge, dining area, kitchen, second bathroom with shower, and three-bedrooms with main en-suite offering a bath and linen cupboard.
The large one bedroom attached flatlet behind the main house leads from the 3rd bedroom but can be closed off by the door and security gate at the end of the passage instead in order to offer a 2nd bedroom, thereby reducing the house to a 2 bedroom.
It then has a lounge, kitchen, main bedroom with en-suite bathroom which has a very large shower and bath.
The large back property consists of two flatlets that each have their own patio, parking space, kitchen, and lounge. The one bathroom offers only a shower, and the other flatlet’s bathroom has both a bath and shower. There are three bedrooms, and the middle bedroom is adjoining, so can be used for either flatlet as it has two entrances and can be easily closed off from either side.
The flatlet with the larger bathroom also has an additional enclosed patio leading from the lounge that can become an optional extra 4th bedroom.
All 4 kitchens have a double sink, with the main house also having a separate vegetable sink.
Each has fittings for washing machines/dishwashers, with the main house having 2.
Both large properties have one gas stove each.
The outside storage rooms have plumbing and are attached to the separate toilet, so there is potential to renovate into an additional living area.
Each has its own patio, and the flatlet’s main entrance and parking is accessed via the second gate leading to the back of the property.
2.5090Ha Smallholding offering a farm style five-bedroom main house with three bathrooms, open plan lounge and dining area, two entertainment areas and a spacious fully equipped kitchen with a separate scullery. Outside is a very large well-kept garden, warehouses and garages that can accommodate 18 vehicles, large, paved parking areas as well as a fiberglass pool that need to be repaired. Lots of extras including a self-contained fountain, fitted irrigation system, as well as a one-bedroom cottage that can be rented out. This property offers the perfect opportunity to escape the city hustle and bustle and to start your own small-scale farm or business. The seller disclosed minor defects and the onus is on the purchaser to repair the defects. The seller is not registered for VAT and the property will be vacant on transfer,


Id Subtitle 1279037615
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Estimated monthly repaymentR 37,930
Total property loan amountR 3,500,000
Total interestR 5,603,140
Total repaymentR 9,103,140
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Angelique Neyschens
Selling for 6+ months
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