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EXCELLENT INCOME PRODUCING GUESTHOUSE
R 16,499,000
Can I afford this?13 Photo(s)
6 months ago305 views
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General Details
Location:
For Sale By:Agency
Description
This property in the Endumeni Local Municipal area of Kwa-Zulu Natal, specifically in Dundee. This property appears to be quite extensive and includes various structures and features.
If this is purchased as a business then there would be not vat charge. Cattle and game and furniture may be purchased over and above the asking price.
Two farms - 418 HA
Homestead 1 (700m2): A large homestead in excellent condition, possibly used as a main lodge.
Homestead 2 (216m2): Another homestead with four bedrooms, a lounge, dining area, and a kitchen, also in excellent condition.
Garage (95m2): A brick structure garage.
Cottage (30m2): A smaller brick structure, used as additional accommodation.
Entertainment Area (267m2): A large area suitable for hosting functions and events.
Lapa (114m2): A lapa, typically an outdoor sheltered area.
Brick Shed (210m2): A large brick structure for storage or other purposes.
Carpentry Workshop (216m2): A dedicated space for carpentry work.
Storeroom (40m2): A storage room.
Open Shed (621m2): A sizable open shed.
Two Round Sheds (127m2): Likely for storage or other use.
Piggery (324m2): A structure for raising pigs, made of brick and iron.
Boreholes (3): Three boreholes for water supply.
Windmill: A windmill, possibly used for water pumping.
14 Earth Dams: These dams are used for water supply to support cattle and grazing.
Rainfall: You've mentioned an annual rainfall of approximately 750mm, which can be crucial for agriculture.
Access Road: The property is accessible via the district road, making transportation more convenient.
Markets available in Dundee, Wasbank, Vryheid, Nqutu, and Ladysmith, which could be relevant for selling agricultural products.
Topography: The farm has relatively flat topography, which is suitable for farming.
Land Composition:
Approximately 4 hectares (ha) of arable land.
The remaining land is used for veld grazing, which implies natural pasture for livestock.
Game Component: There is a small game component on the farm. This suggests that some areas may be set aside for wildlife or hunting.
Fencing:
200 hectares (ha) of the farm are game-fenced, likely to contain and manage the small game component.
The perimeter of the rest of the farm is fenced with a 1.2-meter cattle fence, which is likely for livestock management.
Irrigation:
There are three pivots on the farm:
1 x 7 tower Valley pivot covering 50 hectares, which is fixed in place and is 7 years old.
1 x 4 tower Valley pivot covering 20 hectares, which is fixed and 6 years old.
1 x 4 tower Valley pivot covering 20 hectares, which is movable and 5 years old.
Water Source:
Water is currently pumped from a neighboring farm, indicating that there is an agreement or access to water resources from an adjacent property.
Land Use:
More than 237 hectares of the farm are used for arable land, suggesting that crops are grown in this area.
The remaining land ...
Has Pool
Property Reference #: RL7345
Agent Details:
Laura Goodwin
Campbell Property Group
Shop 2,
10 Heleza Boulevard,
Sibaya,
KwaZulu Natal
4320.
If this is purchased as a business then there would be not vat charge. Cattle and game and furniture may be purchased over and above the asking price.
Two farms - 418 HA
Homestead 1 (700m2): A large homestead in excellent condition, possibly used as a main lodge.
Homestead 2 (216m2): Another homestead with four bedrooms, a lounge, dining area, and a kitchen, also in excellent condition.
Garage (95m2): A brick structure garage.
Cottage (30m2): A smaller brick structure, used as additional accommodation.
Entertainment Area (267m2): A large area suitable for hosting functions and events.
Lapa (114m2): A lapa, typically an outdoor sheltered area.
Brick Shed (210m2): A large brick structure for storage or other purposes.
Carpentry Workshop (216m2): A dedicated space for carpentry work.
Storeroom (40m2): A storage room.
Open Shed (621m2): A sizable open shed.
Two Round Sheds (127m2): Likely for storage or other use.
Piggery (324m2): A structure for raising pigs, made of brick and iron.
Boreholes (3): Three boreholes for water supply.
Windmill: A windmill, possibly used for water pumping.
14 Earth Dams: These dams are used for water supply to support cattle and grazing.
Rainfall: You've mentioned an annual rainfall of approximately 750mm, which can be crucial for agriculture.
Access Road: The property is accessible via the district road, making transportation more convenient.
Markets available in Dundee, Wasbank, Vryheid, Nqutu, and Ladysmith, which could be relevant for selling agricultural products.
Topography: The farm has relatively flat topography, which is suitable for farming.
Land Composition:
Approximately 4 hectares (ha) of arable land.
The remaining land is used for veld grazing, which implies natural pasture for livestock.
Game Component: There is a small game component on the farm. This suggests that some areas may be set aside for wildlife or hunting.
Fencing:
200 hectares (ha) of the farm are game-fenced, likely to contain and manage the small game component.
The perimeter of the rest of the farm is fenced with a 1.2-meter cattle fence, which is likely for livestock management.
Irrigation:
There are three pivots on the farm:
1 x 7 tower Valley pivot covering 50 hectares, which is fixed in place and is 7 years old.
1 x 4 tower Valley pivot covering 20 hectares, which is fixed and 6 years old.
1 x 4 tower Valley pivot covering 20 hectares, which is movable and 5 years old.
Water Source:
Water is currently pumped from a neighboring farm, indicating that there is an agreement or access to water resources from an adjacent property.
Land Use:
More than 237 hectares of the farm are used for arable land, suggesting that crops are grown in this area.
The remaining land ...
Has Pool
Property Reference #: RL7345
Agent Details:
Laura Goodwin
Campbell Property Group
Shop 2,
10 Heleza Boulevard,
Sibaya,
KwaZulu Natal
4320.
Id Subtitle 1246487395
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Estimated monthly repaymentR 178,801
Total property loan amountR 16,499,000
Total interestR 26,413,199
Total repaymentR 42,912,199
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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Campbell Property Group
Selling for 1 year
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