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R17,500,000

Monthly Bond Repayment R171,787.59
Calculated over 20 years at 10.25% with no deposit. Change Assumptions

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MOLTENO: Sustainable livestock farm

This 2850 hectare gem is situated in the high rainfall area of the Molteno district in the Eastern Cape.

The veldt is in pristine condition and consists of a mixture of mountain veld, randt veld, apron veld, and flat plains. Five of the inner camps are between 100 and 200 hectares in size, while 42 are smaller than 100 ha. There is 1 good quality water point, on average, in each camp supplied either by fountain, or by trough. There are 5 drinking water dams, and 3 windmills across the farm.

The entire boundary fencing and internal fencing is stock proof, and in good repair. The division of the farm currently leaves 45 hectares dry, divided into 16 camps, with areas of irrigation land being hectares (permaset irrigation), divided into 2 camps. Lucerne is cultivated on the land of these 2 camps. Water for irrigation comes from a water dam, of which the pump is Eskom-powered.

The farm is currently utilised as a cattle farm see below the counts of cattle available for inclusion in the sale. Apart from the cattle, mountain reed buck, fallow deer, kudu, duiker, and steenbuck also roam the area freely.

The farm has two homesteads. The main house is situated between the mountains, with a beautiful view over the property and surrounding landscape. This dwelling has 4 bedrooms, 2.5 bathrooms, a lounge, TV room, bar and braai area, kitchen, scullery, laundry, and 4 garages.

There are 6 kraals across the property, with 1 currently suitable for cattle. Outbuildings include a stone shed in need of attention, a Lucerne shed and a shearing shed There are 3 cottages, in good condition, and with running water. There are currently labourers living on the property (not longer than 10 years), but they do not have grazing rights.

The cattle included in the sale include 230 cows, 11 bulls, 100 calves, and 70 heifers. The agent can be contacted for more details in this regard.

The following implements and tools are included in the sale:
1 x Massey Ferguson 399SE 4x4
1 x Massey Ferguson 165
1 x John Deere Baler 459
1 x Falcon bossiekapper
4 Tolhark
22 Skotteldis
1 x Tiller
4 Turnplough
1 Toonploeg
2 Skottelploeg
5 Toonripper
1 x Kunsmisstrooier
1 x Drotsky hamermeul
1 x Drotsky kantelskroef voermenger
1 x 7 metre 4 ton trailer
1 x 500 litre fire fighter
1 x 2005 4.5l EFI Toyota Land Cruiser bakkie.

The agent can be contacted for more information regarding implements included in the sale.

For sale at R 17 500 000, including all farm implements and cattle mentioned, or at R 15 070 000, excluding aforementioned.

Features

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Sizes
Land Size
2,850Ha
 
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Vat @ 14%
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Exclusive Use
Fica
Deeds Office Search
Electronic Document Preparation
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Vat 14%
Deeds Office Levy
Postage and Petties
Insurance Certificate
Bank Electronic Connection Fee
NCA Fee
Electronic Document Preperation
TOTAL:
GRAND TOTAL:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

171,787.59

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