Golden Opportunity for a Developer

R 18,900,000

Can I afford this?
1 year ago237 views
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General Details
For Sale By:Agency
Description
Property Details:

Size: 27.4 hectares
Accommodation: 1 main house and 2 cottages
Rental income: R28,000 per month
Other income: R5k - R7k for use of road (Rocks and Stones - Afrimat) - Rate per cube
Perimeter fencing: Wild fencing (Springbok)
Various camps
Vast quantities of river stone and sand

Water:

Berg River : 17 hectares
Municipal : 2 hectares
Berg River water rights
Dam: 2.5 hectares
Plenty of underground water


Security:

Beams
Spotlights
Security gates
Burglar bars

Accommodation:

Main house:
3 bedrooms
3 bathrooms
Kitchen/Open plan lounge
Dining room/indoor braai/bar
Garage/studio/workshop
3 Aircons

Cottage 1:
2 Bedrooms
2 bathrooms
Lounge
Kitchen
Undercover parking

Cottage 2:
2 bedrooms
2 bathrooms
Kitchen/Open plan lounge/Dining room
Double garage/One entrance

Property Reference #: RL1928229

Agent Details:
Dina Bezuidenhout
Urban Link
The Pivot
Block E
Monte Casino Boulevard
Fourways
2191

Id Subtitle 1109682263
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Estimated monthly repaymentR 204,821
Total property loan amountR 18,900,000
Total interestR 30,256,953
Total repaymentR 49,156,953
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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