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R16,499,000

Monthly Bond Repayment R178,800.83
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

EXCELLENT INCOME PRODUCING GUESTHOUSE

This property in the Endumeni Local Municipal area of Kwa-Zulu Natal, specifically in Dundee. This property appears to be quite extensive and includes various structures and features.

If this is purchased as a business then there would be not vat charge. Cattle and game and furniture may be purchased over and above the asking price.

Two farms - 418 HA

Homestead 1 (700m2): A large homestead in excellent condition, possibly used as a main lodge.

Homestead 2 (216m2): Another homestead with four bedrooms, a lounge, dining area, and a kitchen, also in excellent condition.

Garage (95m2): A brick structure garage.

Cottage (30m2): A smaller brick structure, used as additional accommodation.

Entertainment Area (267m2): A large area suitable for hosting functions and events.

Lapa (114m2): A lapa, typically an outdoor sheltered area.

Brick Shed (210m2): A large brick structure for storage or other purposes.

Carpentry Workshop (216m2): A dedicated space for carpentry work.

Storeroom (40m2): A storage room.

Open Shed (621m2): A sizable open shed.

Two Round Sheds (127m2): Likely for storage or other use.

Piggery (324m2): A structure for raising pigs, made of brick and iron.

Boreholes (3): Three boreholes for water supply.

Windmill: A windmill, possibly used for water pumping.

14 Earth Dams: These dams are used for water supply to support cattle and grazing.

Rainfall: You've mentioned an annual rainfall of approximately 750mm, which can be crucial for agriculture.

Access Road: The property is accessible via the district road, making transportation more convenient.

Markets available in Dundee, Wasbank, Vryheid, Nqutu, and Ladysmith, which could be relevant for selling agricultural products.

Topography: The farm has relatively flat topography, which is suitable for farming.

Land Composition:

Approximately 4 hectares (ha) of arable land.
The remaining land is used for veld grazing, which implies natural pasture for livestock.
Game Component: There is a small game component on the farm. This suggests that some areas may be set aside for wildlife or hunting.

Fencing:

200 hectares (ha) of the farm are game-fenced, likely to contain and manage the small game component.
The perimeter of the rest of the farm is fenced with a 1.2-meter cattle fence, which is likely for livestock management.
Irrigation:

There are three pivots on the farm:
1 x 7 tower Valley pivot covering 50 hectares, which is fixed in place and is 7 years old.
1 x 4 tower Valley pivot covering 20 hectares, which is fixed and 6 years old.
1 x 4 tower Valley pivot covering 20 hectares, which is movable and 5 years old.
Water Source:

Water is currently pumped from a neighboring farm, indicating that there is an agreement or access to water resources from an adjacent property.
Land Use:

More than 237 hectares of the farm are used for arable land, suggesting that crops are grown in this area.
The remaining land is veld, which could be used for grazing or other purposes.

It appears to be a diverse property with multiple structures and features, suitable for various agricultural and potentially hospitality purposes. If you have specific questions about this property or need more information, it's advisable to contact a local real estate agent or the property owner for further details and inquiries.

Features

4
2.5
2
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
2.5
Kitchens
1
Reception Rooms
3
Studies
1
Exterior
Garages
2
Carports / Parkings
10
Flatlet
1
Domestic Accommodation
1
Pool
Yes
Sizes
Land Size
418Ha
Extras
View of Landmark  • Built-in Wardrobes  • Covered Parking  • Concierge Service  • Lobby in Building  • Maids Room  • Maid Service  • Pets Allowed  • Private Garden  • Private Pool  • Security  • Study  • View of Wat
 
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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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

178,800.83

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