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R8,500,000

Monthly Bond Repayment R92,115.10
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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RURAL ENTERPRISE OPPORTUNITY

Set in the Cape Winelands glorious countryside, the farmland extends to 27 ha and is mainly level to gently sloping. It is located outside Paarl close to the N1 national road towards Stellenbosch. Having easy access to the N1, the farm is in a stable agricultural neighborhood lending itself with potential for a variety of purposes i.e. ideal equestrian, tunnel farming, long term crops, small scale livestock pursuits and ultimately a superb lifestyle.
Water to the property is supplied via the 10 ha allocated water rights (40 000 cubic meters per annum) from the Theewaterskloof irrigation scheme. Apart from the water point on the farm, no other irrigation infrastructure exists. Previous agricultural activities consist of the production of high-quality organic wine grapes. However, this practice is abandoned and for the last 10 years the entire farmland has been lying fallow. Except for a small natural earth dam, all of this beautiful undeveloped land is arable and awaits the new owner to revive the potential on offer.
With no building infrastructure and zoned Agriculture 1, the organic fundi would flourish here. Bearing in mind the land has not received any chemicals, etc for the last 10 years, a fresh approach towards nature could be the point of departure.
Should the new owner need electricity, he could apply via Eskom to tap from the neighboring point near the border of this property.
Building plans according to the normal guidelines for properties of this size would be allowed by the local authorities.
To be developed as an income generating lifestyle farm, this property is all about the untapped potential on offer. Don't miss out on this one! The seller is not VAT registered.
Price : R8 500 000

Features

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0
Pets Allowed
Yes
Sizes
Land Size
27Ha
 
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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

92,115.10

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