Charming Smallholding for sale!!!

R 2,500,000

Can I afford this?
1 year ago648 views
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General Details
For Sale By:Agency
Description
Property Size: This property encompasses 1.7861 hectares of land.

Main Residence: A well-crafted, owner-built family home graces the premises, offering four generously proportioned bedrooms complete with built-in wardrobes. The primary bedroom boasts an en-suite bathroom, while another family bathroom serves the remaining bedrooms. The residence also features a dining room, a cozy lounge, and a thoughtfully designed kitchen. For those in need of a dedicated workspace, a study/office or sewing room is conveniently available.

Second Dwelling: The second dwelling, constructed with durable face brick, comprises a comfortable lounge, a kitchen, 2/3 bedrooms, 1.5 bathrooms, and an attached garage. This dwelling operates on a pre-paid electricity system and benefits from a water supply sourced from a tank or borehole. Remarkably, it generates a monthly income of R5000, likely from rental arrangements.

Granny Flat: On the property, there is a granny flat with its own well-equipped kitchen, a single bedroom, and a private bathroom.

Additional Features: The property boasts three car garages and an additional five garages suitable for tractors or large vehicles, making it an ideal location for secure farm equipment storage. Furthermore, there are tool sheds and various storage structures, enhancing convenience. The property is equipped with 5000 and 2500-liter water tanks, ensuring a dependable water supply. Additionally, there are servant quarters on the premises.

Given the array of amenities and the potential for income generation, this property represents an excellent investment opportunity or a versatile living space for a large family.

If you seek further information about this property, please do not hesitate to reach out to me for additional details and to arrange a viewing.

Property Reference #: RL4755

Agent Details:
Gail Botha
Home and Hectare
43B - 6th Avenue
Walmer
Port Elizabeth
6070

Id Subtitle 1192969031
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Estimated monthly repaymentR 27,093
Total property loan amountR 2,500,000
Total interestR 4,002,243
Total repaymentR 6,502,243
Interest rate at 11.75% for 20 years *
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