Monthly Bond Repayment R178,373.52
Calculated over 20 years at 11.25% with no deposit.
Web Ref No RLA1577
Investor's Dream...
This lifestyle property, 28 hectares in extent, is situated right alongside the N3 corridor and near the Lynnfield Park interchange. Zoning is "Area of Opportunity" and this growth node falls within the municipal planning scheme that supports commercial development. Huge investment in this "T zone" is happening (N3 PMB to DBN and N2 Umhlanga to Toti). IT IS HAPPENING HERE!
The property comprises a well maintained homestead and an entertainment venue (or second home) adjacent to the main house both set in a pretty established garden with a swimming pool and a dam. Various streams of revenue include poultry with assorted bird enclosures that include ostrich, turkey, peacocks and peahens, ducks, geese, and parrots.
There is an an elaborate wedding venue / function hall with an adjacent camping site (including electrical plugpoints), 'his' and 'hers' ablution facilities and extensive staff accommodation.
The farm boasts views out toward KZN's Table Mountain and the land is extensive, stretching out across the main route to border the adjacent farm (presently also advertised for sale). This farm can now be sold independently of the adjacent farm (also on the market for sale). No Vat is applicable on the purchase of this property. Let's go!
For more information or an appointment to view, contact Acutts agent. Client pre-qualification applies.
Features
Bedrooms 3
Security Yes
Bathrooms 2.5
Flatlet 1
Recep. Rooms 2
Dom. Accom. 4
Study 1
Garages 5
Land Size 28Ha
Carports/Parkings 2
Pool Yes
Pets Allowed Yes