EXCELLENT INCOME PRODUCING GUESTHOUSE

R 16,499,000

Can I afford this?
5 months ago225 views
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General Details
For Sale By:Agency
Description
This property in the Endumeni Local Municipal area of Kwa-Zulu Natal, specifically in Dundee. This property appears to be quite extensive and includes various structures and features.

If this is purchased as a business then there would be not vat charge. Cattle and game and furniture may be purchased over and above the asking price.

Two farms - 418 HA

Homestead 1 (700m2): A large homestead in excellent condition, possibly used as a main lodge.

Homestead 2 (216m2): Another homestead with four bedrooms, a lounge, dining area, and a kitchen, also in excellent condition.

Garage (95m2): A brick structure garage.

Cottage (30m2): A smaller brick structure, used as additional accommodation.

Entertainment Area (267m2): A large area suitable for hosting functions and events.

Lapa (114m2): A lapa, typically an outdoor sheltered area.

Brick Shed (210m2): A large brick structure for storage or other purposes.

Carpentry Workshop (216m2): A dedicated space for carpentry work.

Storeroom (40m2): A storage room.

Open Shed (621m2): A sizable open shed.

Two Round Sheds (127m2): Likely for storage or other use.

Piggery (324m2): A structure for raising pigs, made of brick and iron.

Boreholes (3): Three boreholes for water supply.

Windmill: A windmill, possibly used for water pumping.

14 Earth Dams: These dams are used for water supply to support cattle and grazing.

Rainfall: You've mentioned an annual rainfall of approximately 750mm, which can be crucial for agriculture.

Access Road: The property is accessible via the district road, making transportation more convenient.

Markets available in Dundee, Wasbank, Vryheid, Nqutu, and Ladysmith, which could be relevant for selling agricultural products.

Topography: The farm has relatively flat topography, which is suitable for farming.

Land Composition:

Approximately 4 hectares (ha) of arable land.
The remaining land is used for veld grazing, which implies natural pasture for livestock.
Game Component: There is a small game component on the farm. This suggests that some areas may be set aside for wildlife or hunting.

Fencing:

200 hectares (ha) of the farm are game-fenced, likely to contain and manage the small game component.
The perimeter of the rest of the farm is fenced with a 1.2-meter cattle fence, which is likely for livestock management.
Irrigation:

There are three pivots on the farm:
1 x 7 tower Valley pivot covering 50 hectares, which is fixed in place and is 7 years old.
1 x 4 tower Valley pivot covering 20 hectares, which is fixed and 6 years old.
1 x 4 tower Valley pivot covering 20 hectares, which is movable and 5 years old.
Water Source:

Water is currently pumped from a neighboring farm, indicating that there is an agreement or access to water resources from an adjacent property.
Land Use:

More than 237 hectares of the farm are used for arable land, suggesting that crops are grown in this area.
The remaining land ...

Has Pool
Property Reference #: RL7345

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

Id Subtitle 1246487395
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Estimated monthly repaymentR 178,801
Total property loan amountR 16,499,000
Total interestR 26,413,199
Total repaymentR 42,912,199
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Campbell Property Group
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