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LODGE WITH FARMING ACTIVITIES
R 10,370,000
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General Details
Location:
For Sale By:Agency
Description
BUSHVELD LODGE WITH FARMING ACTIVITIES AS WELL
The Seller is a VAT vendor and VAT is excluded from the price if applicable.
This farm of 46.94 hectares is situated approximately 17km South West of Polokwane and has easy access directly of the R101.
It is a typical bushveld farm with sandy loam, red clay, and rocky soil. Approximately 4 hectares are currently under drip irrigation, including two hectares of young Pecan Nut trees.
The farm is well developed and when the owners were younger, it was daily operated as a lodge that catered mostly for schools, churches and children's parties.
The improvements include: The thatched roof main house, 2 well-maintained older houses; 2 flats; 4 en-suite guest rooms; lapa's and carports; 2x thatched venue halls; workshops, storerooms and ablution facilities. The Village is perfect for school camps and offers a boma and kitchen as well. A bonus is definitely the 4 year old rustic house in the mountains that offers privacy and tranquility.
The water rights are registered (61 400 cubic squares per annum) and the water is drawn from 7 equipped boreholes. The electricity is supplied by Eskom. The farm is fenced on all sides with 1.8m game fencing.
This is a great opportunity to farm on small scale and to generate an income from the accommodation facilities on the farm.
The land is zoned "Agriculture" and an old land claim is registered against the farm.
Property Reference #: CL307
Agent Details:
Mariaan Botes
Property Connect Hoofkantoor
Office 4, Sayer Square
cnr Mitchell and Cathedral Street
George
6530
The Seller is a VAT vendor and VAT is excluded from the price if applicable.
This farm of 46.94 hectares is situated approximately 17km South West of Polokwane and has easy access directly of the R101.
It is a typical bushveld farm with sandy loam, red clay, and rocky soil. Approximately 4 hectares are currently under drip irrigation, including two hectares of young Pecan Nut trees.
The farm is well developed and when the owners were younger, it was daily operated as a lodge that catered mostly for schools, churches and children's parties.
The improvements include: The thatched roof main house, 2 well-maintained older houses; 2 flats; 4 en-suite guest rooms; lapa's and carports; 2x thatched venue halls; workshops, storerooms and ablution facilities. The Village is perfect for school camps and offers a boma and kitchen as well. A bonus is definitely the 4 year old rustic house in the mountains that offers privacy and tranquility.
The water rights are registered (61 400 cubic squares per annum) and the water is drawn from 7 equipped boreholes. The electricity is supplied by Eskom. The farm is fenced on all sides with 1.8m game fencing.
This is a great opportunity to farm on small scale and to generate an income from the accommodation facilities on the farm.
The land is zoned "Agriculture" and an old land claim is registered against the farm.
Property Reference #: CL307
Agent Details:
Mariaan Botes
Property Connect Hoofkantoor
Office 4, Sayer Square
cnr Mitchell and Cathedral Street
George
6530
Id Subtitle 1118506856
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Estimated monthly repaymentR 112,381
Total property loan amountR 10,370,000
Total interestR 16,601,302
Total repaymentR 26,971,302
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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