R 8,995,000

Can I afford this?
1 month ago63 views
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General Details
For Sale By:Agency
This is it. Working small holding, prime location with river frontage. The Addo Elephant National Park is not far away.

Located along the banks of the Sundays River, each of the two houses have amazing river views, the potential of rented accommodation would be an added bonus of additional income. Currently used for growing 6.5ha Lucerne with irrigation and drag lines. Cadestral size of holding is 11.4ha, registered extent of 8.90ha, while you have water rights for 8ha. A separate dam is another source of water with a pump house. What is more, you have 650m of river frontage. Citrus could be another option!!

The main house has a welcoming reception area, open plan lounge with fireplace, the wine rack display adding a touch of class, the wooden counter from the unique kitchen adding to the charm. Doors lead out to the full length patio with amazing views of the river, the river 34m away. Each of the five bedrooms have en-suite bathrooms and all have access to the patio. Three rooms are individually separated.

Double garage,
CCTV and security fixtures,
4X Water tanks with filtration system.

House no two is fully fenced, not far from the main house, the river virtually on your doorstep, the views even more amazing. The open plan lounge is large with doors leading to the outside patio. A separate dining room and sun lounge make a great space for those family get together, the kitchen having ample working and cabinet space. The two bedrooms have bathrooms en-suite and are spacious with built-in cupboards.

Single garage,
Domestic accommodation,
CCTV and security fixtures.
Two storage barns.

This is truly a great investment for someone looking to own a piece of tranquility while making a living

Property Reference #: PTR395

Agent Details:
Mike Bredenkamp
Jeffreys Bay

Id Subtitle 1283043354
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Purchase price
Deposit amount
Interest rate
No. of years
Estimated monthly repaymentR 97,480
Total property loan amountR 8,995,000
Total interestR 14,400,069
Total repaymentR 23,395,069
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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