Discover a hidden gem in Bishopstowe, KwaZulu Natal

R 3,550,000

Can I afford this?
3 months ago121 views
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General Details
For Sale By:Agency
Description
An 8-hectare smallholding waiting for a touch of tender loving care (TLC). This property, in need of some refurbishment, offers a unique opportunity to create your dream rural retreat with 360-degree picturesque pastoral views.
Nestled within the expansive grounds bordering the uMsundusi River are two 3-bedroom homes that hold potential. While they currently exude a rustic charm, these homes are ready to be transformed into cozy havens with little imagination and effort. Embrace the opportunity to create your forever home with your personal style and breathe new life into these dwelling spaces.
The property also features two tenanted cottages, within proximity to Amenities and Shopping Centres whilst presenting a chance to revitalize and upgrade for additional rental income. With a bit of TLC, these cottages can become charming retreats, appealing to tenants seeking a tranquil escape in the countryside.
For the hands-on enthusiast, looking for flexibility the workshops and storage rooms on the property offer practicality and a sizable and comfortable working space. Whether you have a passion for restoration, DIY projects or rental storage facilities these spaces provide the perfect setting for all your requirements.
Outdoors, a once-inviting swimming pool awaits restoration, promising refreshing dips on sunny days. Carports, Horse Stables although showing signs of age, offer shelter for vehicles and can be revived to provide protection from the elements.
While the property currently requires attention, its potential is boundless. The alarm system, though in need of repair, lays the foundation for a secure living environment, offering the prospect of a serene yet protected lifestyle.
Amidst the overgrown greenery and faded charm, envision the transformation of this smallholding. The pastoral views that stretch across the landscape await a new chapter, where the beauty of nature and the rewards of your efforts converge. Embrace the challenge, and with a bit of TLC, unlock the hidden potential of this Bishopstowe property.

Has Pool
Property Reference #: RL2848

Agent Details:
Paul Eaton
R & R Real Estate
40 Main Road, Howick, 3290

Id Subtitle 1259345242
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Estimated monthly repaymentR 38,472
Total property loan amountR 3,550,000
Total interestR 5,683,185
Total repaymentR 9,233,185
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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R & R Real Estate
Selling for 2+ years
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