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R3,750,000

Monthly Bond Repayment R39,991.11
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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18-hectare Farm in Summerpride For Sale

The farm offers a multitude of possibilities for its future owner. Situated near city limits, it provides easy access to urban amenities while maintaining a serene and peaceful environment.

One of the highlights of this property is the main house, which boasts a spacious layout with four bedrooms and two bathrooms. The living space includes a lounge, dining room, and a well-equipped kitchen, providing ample room for family gatherings and entertaining guests. Additionally, a laundry room and a home office space cater to practical needs and offer even more flexibility for the residents.

The main house also features a wrap-around patio that can be accessed from both the lounge and bedrooms. This outdoor seating area provides a perfect spot for relaxation, offering stunning views of the surrounding countryside and creating a seamless transition between indoor and outdoor living.

It also boasts 3 additional dwellings on the farm that currently combined have a total monthly rental income of R20,000. These dwellings provide an excellent opportunity for additional income or as accommodation for extended family or guests. Each dwelling offers comfortable living spaces, with lounge, kitchen and bathroom. The property is truly an excellent investment, offering both a primary residence and additional income through rental properties.

Water availability is ensured through the presence of a pond and water tanks on the property. These provisions not only support the farming potential but also provide a reliable water source for livestock and irrigation purposes.

With its expansive size, the land offers various potential uses. Animal grazing is a possibility, allowing for the establishment of a small-scale livestock operation. Alternatively, the property can be utilized for agricultural purposes, offering fertile soil for cultivating crops or establishing a fruit orchard.

Additionally, the ample space and natural surroundings make this property an ideal location for hiking campgrounds or eco-friendly tourism ventures. The peaceful atmosphere and proximity to nature will undoubtedly attract nature enthusiasts and those seeking a retreat from the busy city life.

Overall, this 18-hectare farm for sale presents an excellent opportunity for individuals or families looking to embrace a rural lifestyle while enjoying the convenience of nearby urban amenities. Don't miss your chance to own this exceptional property.

Features

4
2
2
Interior
Bedrooms
4
Bathrooms
2
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Garages
2
Carports / Parkings
4
Flatlet
3
Domestic Accommodation
1
Pool
Yes
Extras
Eye Level Oven • Mainen Suite • Built in Wardrobes • Fireplace • Tiled Floors • 24 Hour Access • Mountain View • Laundry • Patio • Storeroom • Balcony • Staff Quarters Domestic Rooms • Flatlet • flat

Summerpride, East London

East London in the Eastern Cape is a vibrant area known for its rich cultural diversity, historic landmarks and thriving arts scene. The area is family-friendly and boasts a variety of property types. East London, fondly referred to as Buffalo City, offers a perfect blend of traditional values and relaxed charm, making it an ideal place to set roots. East London's airports/routes: travel...
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Disclaimer: While every representation will be made by Lew Geffen Sotheby's International Realty to ensure that the information contained within the website is accurate and up to date, 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

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%

Monthly Payment

39,991.11

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