Riverside living with incredible views of mountains and orchards

R 17,000,000

Can I afford this?
1 year ago162 views
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General Details
For Sale By:Agency
Description
Located in the heart of the Dwarsrivier Valley, this small lifestyle farm can offer you an income from the 5 ha of peach trees, or you could put in new plantings in line with current market trends or to suit your requirements. Main house comprising an old sandstone cottage and modern extensions needs major renovation. This building is located next to the main road and its footprint could be used for a restaurant or farmstall. The worker's cottages located further down the hill and close to the river offer more potential for redevelopment - this footprint may be ideal for your new main house.

You will need to view this property to visualise the potential it offers. Keep in mind that the land is zoned for Agriculture 1 and consent is required for development of tourist and commercial buildings.

Property Reference #: RL4850

Agent Details:
Annette Van der Merwe
Meridian Realty Pty Ltd
Office 12
The Woodmill Lifestyle Centre
Vredenburg Road
Devonvallei
Stellenbosch
7600

Id Subtitle 1157397586
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Estimated monthly repaymentR 184,231
Total property loan amountR 17,000,000
Total interestR 27,215,249
Total repaymentR 44,215,249
Interest rate at 11.75% for 20 years *
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Meridian Realty Pty Ltd
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