Great location with income generating accommodation.

R 8,400,000

Can I afford this?
1 year ago490 views
Ad Saved to My List
View and manage your saved ads in your account.
Report Ad
General Details
For Sale By:Agency
Description
Situated close to Port Alfred, Eastern cape (about 7kms) is this 34ha developed Nile Tilapia tunnel fish farm with lots of water. The farm is fenced with stock fencing which is in fair to poor condition. The farm is relatively flat.

The main house consist of the following

Open plan kitchen with scullery (new kitchen)
Lounge and dining area opening onto a patio and garden
3 bedrooms, (all with built in cupboards and tiled floors)
Study
1 bathroom and 1 guest toilet
Courtyard with guest toilet
Double garage
2 bed flatlet
Store room
Vegetable garden
2 5000l water tanks
This area is fenced.
3 phase electricity from eskom
Water from borehole

Income can be generated from the 3 wooden cabins (need some TLC), all with lounge, dining area and bathroom which is approximately 200m away from the main house. There is a small pool, braai facilities and fishing dam for guests to use.

Nile Tilapia fishing tunnels consist of:

There are 7 Galvanised steel, Polythene Tunnels, each with two large growing ponds, Each pond can grow 5000 fish, which are harvested at 450g.
1 Nursery tank
Currently 20 000 Nile Tilapia (Included in Sale Price)
Pumps and filtration systems

Water for tanks from borehole currently pumping 10 000l per hour
2 x Reservoirs
2 stock dams
Offices - 2 x offices with ablution

Game on the farm:
Zebra (5)
Impala (3)
Vegetation is coastal grass veld (some buffalo grass) and savannah.

Asset list that is included in the sale:
Tractor X 2
Generator (3 phase)
Lawn mower
Permits in place - Water users license, Game permit for Burchells zebra and Impala

Open ended contract in place with Lake Harvest - supply when fish is available and ready to be sold.

No servitude
No farm school
No tenants

VAT will be charged (additional to selling price)

Has Pool
Property Reference #: RL6372

Agent Details:
Alma Meyer
Campbell Property Group
Shop 2, 10 Heleza Boulevard, Sibaya, KwaZulu Natal 4320.

Id Subtitle 1194614478
View More
Property Loan Calculator
Purchase price
R
Deposit amount
R
Interest rate
%
No. of years
5
10
15
20
25
30
RECALCULATE
Estimated monthly repaymentR 91,032
Total property loan amountR 8,400,000
Total interestR 13,447,535
Total repaymentR 21,847,535
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.
RECALCULATE
Campbell Property Group
Selling for 1 year
Total Ads474
Active Ads474
Professional Seller
Seller stats
474Total Ads
104.52KTotal Views
Contact Campbell Property Group
084*******Show Number
Message
(3994)
Name
(Optional)
Email Address
(Optional)
Phone
(Required)
Send Message
By clicking "Send" you accept the Terms of Use and Privacy Notice and agree to receive newsletters and promo offers from us.