400Ha Farm For Sale in Winterton

R 36,500,000

Can I afford this?
2 years ago567 views
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General Details
Location:
For Sale By:Agency
Description
Winterton - 400ha Crop/Dairy Farm - Arable farms in this area are sought after. This one has 140ha under pivot, 90ha dryland, 145ha veld. Irrigation dam on the Little Tugela River, 7 bedroom farm house, 4 bedroom second house and 1 bedroom tenanted cottage. Extensive farm shedding. There is a 60 cow dairy, producing milk for the local community and also a maize mill on the farm where they mill their own maize and sell it to the community. Price farm only, implements and livestock to be negotiated. This enterprise is VAT registered therefore VAT will be payable on the land and the moveables.

Property Reference #: ESTC-0184

Agent Details:
Roy Emanuel
Dormehl Phalane Property Group
107 Lorne Street
Estcourt
3310

Id Subtitle 939768411
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Estimated monthly repaymentR 395,554
Total property loan amountR 36,500,000
Total interestR 58,432,739
Total repaymentR 94,932,739
Interest rate at 11.75% for 20 years *
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Dormehl Phalane Property Group
Selling for 3+ years
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