YES, THERE IS WORK TO BE DONE, BUT WHAT AN OPPORTUNITY!!!

R 2,950,000

Can I afford this?
6 months ago337 views
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General Details
For Sale By:Agency
Description
Not far off the main road but on a tar road, close to Pinehaven hospital and Cradlestone Mall. The potential is only limited by your imagination.
Previously, the existing hothouse (approximately 1300 sq m in extent) was used to grow cucumbers. The steel frames are in good condition.
In addition, there is a large levelled area, ready for expansion of the tunnels, or a large arena, to ride your horses. There are 3 stables as well as a feed storage/ workshop.
Water is from a borehole, with elevated tank and a reservoir for storage. The property also has Municipal water.
The main house has 3 bedrooms, all with built in cupboards. The main bed has an en-suite bathroom. There are 3 reception areas, all looking out over the property and opening onto a large entertainment patio. Attached to the main house is an office, with own entrance and a strong room.
There is also a partially completed one bedroomed apartment, with own entrance, attached to the main house.
The second dwelling has its own access, and a private fenced garden It consists of 2 bedrooms, a full bathroom, modern kitchen and a large sunny lounge/dining room opening to a tiled patio.
Staff quarters at the far end of the property, also has separate access. There are various other outbuildings (previously used for packing and storage, boiler room) near the tunnels.



Agent Details:
Kevin Solomon
Drift Estates. 1
Drift Estates
P.O.Box 911
Muldersdrift
1747
Id Subtitle 1238908985
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Estimated monthly repaymentR 31,970
Total property loan amountR 2,950,000
Total interestR 4,722,647
Total repaymentR 7,672,647
Interest rate at 11.75% for 20 years *
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Drift Estates
Selling for 4+ years
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