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Investment Opportunity!
R 2,980,000
Can I afford this?25 Photo(s)
3 months ago176 views
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General Details
Location:
For Sale By:Agency
Description
Stunning 8.8ha Farm For Sale in the Sea Park area on KZN's popular South Coast...
Existing business is a Going Concern (Animal Boarding Facility) as well as houses and cottages with good Rental Income and potential for further expansion!
Previously used to farm pineapples and bananas, this lovely farm is famously known amongst the locals as Harmony Hill Animal Hotel (33 dog kennels and a cattery with 13 kennels). Lots of space to keep horses or farm with veggies / chickens etc
There are various residential units on the property
Main Farm House:
3 x comfortable Bedrooms, Large Kitchen with granite countertops, gas stove, walk-in pantry and laundry area.
Open Plan Lounge and Dining area - Double glass doors lead out onto the veranda, which stretches out down the front side of the house. 2 x Bathrooms
House 2:
3 x Bedrooms, 2 x Bathrooms, Lounge / Dining Room, Kitchen, Covered Parking
Rental Income: R6 000
Cottage 1:
2 x Bedroom, 1 full Bathroom, open plan Kitchen, lounge
Rental Income: R4 500
Cottage 2:
2 x Bedroom, 1 x full Bathroom, open plan kitchen, lounge
Rental Income: R4 500
Total Rental Income currently R15 000 per month
Income from Animal Boarding Facilities: R50 000 per month
Various outbuildings and storage sheds, little wooden cabins, storerooms and staff accommodation
3 x Boreholes, water purification system and 3 x 5000l tanks, high-pressure pump with washable filters;
45 KVA John Deere generator runs the entire property with ease.
Small farm dam stocked with bass and tilapia
Loads of potential....don't miss this opportunity!
Great Income Earning Potential!
Rates And Taxes: 1000
Property Reference #: 271
Agent Details:
Deon Immelman
Beginsel Properties
1144 Catalina Drive, Hibberdene, South Coast, KwaZulu Natal, 4220
Existing business is a Going Concern (Animal Boarding Facility) as well as houses and cottages with good Rental Income and potential for further expansion!
Previously used to farm pineapples and bananas, this lovely farm is famously known amongst the locals as Harmony Hill Animal Hotel (33 dog kennels and a cattery with 13 kennels). Lots of space to keep horses or farm with veggies / chickens etc
There are various residential units on the property
Main Farm House:
3 x comfortable Bedrooms, Large Kitchen with granite countertops, gas stove, walk-in pantry and laundry area.
Open Plan Lounge and Dining area - Double glass doors lead out onto the veranda, which stretches out down the front side of the house. 2 x Bathrooms
House 2:
3 x Bedrooms, 2 x Bathrooms, Lounge / Dining Room, Kitchen, Covered Parking
Rental Income: R6 000
Cottage 1:
2 x Bedroom, 1 full Bathroom, open plan Kitchen, lounge
Rental Income: R4 500
Cottage 2:
2 x Bedroom, 1 x full Bathroom, open plan kitchen, lounge
Rental Income: R4 500
Total Rental Income currently R15 000 per month
Income from Animal Boarding Facilities: R50 000 per month
Various outbuildings and storage sheds, little wooden cabins, storerooms and staff accommodation
3 x Boreholes, water purification system and 3 x 5000l tanks, high-pressure pump with washable filters;
45 KVA John Deere generator runs the entire property with ease.
Small farm dam stocked with bass and tilapia
Loads of potential....don't miss this opportunity!
Great Income Earning Potential!
Rates And Taxes: 1000
Property Reference #: 271
Agent Details:
Deon Immelman
Beginsel Properties
1144 Catalina Drive, Hibberdene, South Coast, KwaZulu Natal, 4220
Id Subtitle 1257288563
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Estimated monthly repaymentR 32,295
Total property loan amountR 2,980,000
Total interestR 4,770,673
Total repaymentR 7,750,673
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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Beginsel Properties
Selling for 10+ months
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This vacant land is in Ukusa River Estate, Abelia Crescent in Sea Park.
Build your own home in an upmarket estate. This 548m2 vacant land has potential for great living, with nature, Mtwetweni river and sea in a secure estate.
Cost: R140 000 (negotiable)
Levy: R776
Rates: R287
Please contact us for more details.
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