8Ha Small Holding For Sale in Bela Bela

R 4,888,000

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1 year ago246 views
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For Sale By:Agency
Description
Smallholding for sale

This well looked after smallholding offers a investment opportunity to it’s next and new owner.

This Property is know to accommodate students of the well known Sondela Academy and is being fully rented out every month/year, with a monthly rental income of +-R38 000.

This 8.4 ha consists of 9 flats and one main house with 4 bedrooms and 2 bathrooms.
All together 14 rooms are rented out. Each bedroom has their own bathroom and in the main house 2 bedrooms share a bathroom.

One of the flats consists of a bedroom , spacious kitchen, bathroom and has a private patio.

A shared fireplace entertains everyone who wants to join in on the fun and this property is secured with electric fencing. The fencing is in very good condition and is cleared of any bushes and grass +-0.5m on each side.

Staff housing is available with a laundry.

Option to rent the property can be discussed.

Property Reference #: BEL-RS00075

Agent Details:
Estelle Benadie
Century21
1 Centurion street, Bela-Bela, South Africa

Id Subtitle 1178638217
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Estimated monthly repaymentR 52,972
Total property loan amountR 4,888,000
Total interestR 7,825,185
Total repaymentR 12,713,185
Interest rate at 11.75% for 20 years *
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Century21
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