Beautiful Stone Building With Endless Options

R 2,400,000

Can I afford this?
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Parking:Covered
Description
Become a shareholder at Kings Hill Estate ,the exquisite hilltop estate just outside McGregor boasting exceptional mountain & farm land vistas. This distinctive double storied stone building was previously used as the accommodation for the old Lords Guest Lodge and consists of a total of 6 luxury bedrooms with 6 bathrooms. The upstairs with open thatch ceiling is a blank canvas and can be developed as you wish. Exclusive use garden. Pets by arrangement. Shale of shares so no transfer duty applies and cash sales only - no mortgage bonds. This unit comes with 2 shares out of a total shares of 12 shares for the estate. Levy of R1 740.00 p/m includes water and share of property rates.

Property Reference #: RL13360

Agent Details:
Chris Steytler
Meridian Realty Pty Ltd
Office 12
The Woodmill Lifestyle Centre
Vredenburg Road
Devonvallei
Stellenbosch
7600

Id Subtitle 1233688759
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Estimated monthly repaymentR 26,009
Total property loan amountR 2,400,000
Total interestR 3,842,153
Total repaymentR 6,242,153
Interest rate at 11.75% for 20 years *
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