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Water Is The New Gold
R 2,300,000
Can I afford this?
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23 days ago27 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Farm
Bedrooms (#):2
Bathrooms (#):1
Parking:Street
Description
With two natural wells and a perennial dam this property is gold. Say goodbye to municipal water issues with this prudent purchase. Set on over 4 acres of land and nestled in a quiet, safe valley with a pleasant country outlook, this North facing property ticks a lot of boxes.
Improvements include two 2 bedroom ! bathroom cottages. The one is brick and mortar, the other is timber. Both professionally constructed and on plan. A platform has been leveled for a larger dwelling. Infrastructure leading from the municipal water and electrical supply has been installed to cope with a third dwelling. It is merely a case of build and connect! The property itself is fully fenced and gated.
Several options can be explored here. As an investment property with rentals, for the growing and extended family or for the family who is looking for a more self sufficient lifestyle.
The current tenants are keen to stay on which already translates into income generation.
Bring the children and the animals and start putting those seedlings in the ground.
Has Garden
Property Reference #: 2252793
Agent Details:
Byron J Nel
Real Estate Company
Suite 12, The Yard Office Hillcrest,
71 Old Main Road, Hillcrest, KZN, South Africa, 3610
71 Old Main Road
Hillcrest
3610
Improvements include two 2 bedroom ! bathroom cottages. The one is brick and mortar, the other is timber. Both professionally constructed and on plan. A platform has been leveled for a larger dwelling. Infrastructure leading from the municipal water and electrical supply has been installed to cope with a third dwelling. It is merely a case of build and connect! The property itself is fully fenced and gated.
Several options can be explored here. As an investment property with rentals, for the growing and extended family or for the family who is looking for a more self sufficient lifestyle.
The current tenants are keen to stay on which already translates into income generation.
Bring the children and the animals and start putting those seedlings in the ground.
Has Garden
Property Reference #: 2252793
Agent Details:
Byron J Nel
Real Estate Company
Suite 12, The Yard Office Hillcrest,
71 Old Main Road, Hillcrest, KZN, South Africa, 3610
71 Old Main Road
Hillcrest
3610
Id Subtitle 1279990615
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Estimated monthly repaymentR 24,926
Total property loan amountR 2,300,000
Total interestR 3,682,063
Total repaymentR 5,982,063
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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Selling for 3+ years
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