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R8,400,000

Monthly Bond Repayment R91,031.39
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R3,450

Great location with income generating accommodation.

Situated close to Port Alfred, Eastern cape (about 7kms) is this 34ha developed Nile Tilapia tunnel fish farm with lots of water. The farm is fenced with stock fencing which is in fair to poor condition. The farm is relatively flat.

The main house consist of the following

Open plan kitchen with scullery (new kitchen)
Lounge and dining area opening onto a patio and garden
3 bedrooms, (all with built in cupboards and tiled floors)
Study
1 bathroom and 1 guest toilet
Courtyard with guest toilet
Double garage
2 bed flatlet
Store room
Vegetable garden
2 5000l water tanks
This area is fenced.
3 phase electricity from eskom
Water from borehole

Income can be generated from the 3 wooden cabins (need some TLC), all with lounge, dining area and bathroom which is approximately 200m away from the main house. There is a small pool, braai facilities and fishing dam for guests to use.

Nile Tilapia fishing tunnels consist of:

There are 7 Galvanised steel, Polythene Tunnels, each with two large growing ponds, Each pond can grow 5000 fish, which are harvested at 450g.
1 Nursery tank
Currently 20 000 Nile Tilapia (Included in Sale Price)
Pumps and filtration systems

Water for tanks from borehole currently pumping 10 000l per hour
2 x Reservoirs
2 stock dams
Offices - 2 x offices with ablution

Game on the farm:
Zebra (5)
Impala (3)
Vegetation is coastal grass veld (some buffalo grass) and savannah.

Asset list that is included in the sale:
Tractor X 2
Generator (3 phase)
Lawn mower
Permits in place - Water users license, Game permit for Burchells zebra and Impala

Open ended contract in place with Lake Harvest - supply when fish is available and ready to be sold.

No servitude
No farm school
No tenants

VAT will be charged (additional to selling price)

Features

3
1.5
2
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
1.5
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Garages
2
Carports / Parkings
1
Flatlet
1
Pool
Yes
Sizes
Land Size
34Ha
Extras
Built-in Wardrobes  • Pets Allowed  • Water Tanks  • Borehole X 3  • 7 Galvanised steel, polythene tunnels  • Growing ponds  • Nursery tank  • 3 Wooden chalets  • Swimming pool  • Braai area  • Fishing dam
 
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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
%

Monthly Payment

91,031.39

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