SMALLHOLDING WITH AN EXTRA INCOME

R 4,900,000

Can I afford this?
1 year ago67 views
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General Details
For Sale By:Agency
Description
The R71 connects Polokwane to Mankweng, Tzaneen and Phalaborwa. Dalmada smallholdings are situated along the R71, only 6km from the nearest mall and hospital and 3km from many schools. The property on offer here is only 1km from the R71, with less than 100 meters on gravel road.

The property is zoned for Agricultural use. The Seller is a VAT vendor and VAT is excluded from the price if applicable. No transfer duty payable on VAT transactions. The electricity is supplied by Eskom and the different units on the property have metered electricity. The water is pumped from a borehole and a connection to a water scheme is also available. The perimeter fence is electrified on all sides.

The residential buildings include the following: a 4 bedroomed main house with a lovely garden and swimming pool, 3 garages, storerooms and a large shed that doubles as a workshop; a 3 bedroomed wooden house; an unfinished wooden house that will be sold as is; a two bedroomed wooden house and 3x 2 bedroomed brick houses. The rental income potential exceeds R40 000.00 pm. Other improvements include garages and carports and various storerooms.
The property is in good condition with fair maintenance needed.

Has Pool
Property Reference #: RL3904

Agent Details:
Mariaan Botes
Property Connect Hoofkantoor
Office 4, Sayer Square
cnr Mitchell and Cathedral Street
George
6530

Id Subtitle 1194677487
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Estimated monthly repaymentR 53,102
Total property loan amountR 4,900,000
Total interestR 7,844,396
Total repaymentR 12,744,396
Interest rate at 11.75% for 20 years *
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