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R8,800,000

Monthly Bond Repayment R86,384.62
Calculated over 20 years at 10.25% with no deposit. Change Assumptions

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Elgin Lifestyle | Income | Water | Opportunities knock

This attractive property amidst beautiful scenery covers an area of 4 ha just minutes away from Elgin. Access is via the neighbouring farm on a servitude road registered in favour of this smallholding. This popular farming neighbourhood is being regarded as a prestigious one which offers such a good quality of life and as a result attracts premium price tags.
A well presented building accommodates the imposing 2 bedroom double storey main residence (180 sq meter) adjacent to a semi industrial double volume section (zoned Agric 2) that houses a 100 sq meter farm produce processing and food preparation facility/kitchen (with a cold room) as well as a shop/dining area of also 100 sq meter from where some of the processed fruit is sold in deli style (on-line selling also takes place). Security is by means of an alarm system which is linked to armed response.
The property has been planted to 2,5 ha apples and almost 1 ha of olives (all under irrigation). There is furthermore an organic garden where seasonal vegetables are being grown. While most of the apples are destined for the fresh export market, some apples get processed on the farm together with the vegetables and olives. The end result is highly in demand good quality handcrafted food. The property is also in possession of a liquor license.
The smallholding has been allocated 4 ha of water rights from the local irrigation scheme which equates to 24 000 cub meters of summer water. This neat and well managed smallholding will be sold as a going concern, implements included. An adjacent 14,7 ha piece of land belonging to the same owner is also up for sale. A private preparatory school is within walking distance.
Here is a property that will allow you to start or expand your portfolio.
Price : R8 800 000,00 (VAT excluded)

Features

2
2
Interior
Bedrooms
2
Bathrooms
2
Reception Rooms
2
Studies
1
Exterior
Carports / Parkings
2
Security
No
Sizes
Land Size
4Ha

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Disclaimer: While every effort will be made to ensure that the information contained within the Agrisell website is accurate and up to date, Agrisell makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
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
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
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

R
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Monthly Payment

86,384.62

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