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R11,500,000

Monthly Bond Repayment R124,626.31
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R2,000

22.64HA SMALL HOLDING FOR SALE IN BALGOWAN

Bring the Dream to Life
"In any given moment we have two options: to step forward into growth or step back into safety." Abraham Maslow
Walking through this immaculate property takes the uncertainty away of navigating unexplored terrain of buying this property, moving to a new place which can often be scary.

Situated on 22.6 hectares we find a stunning house with tiled roof decorated by a Midland's renowned interior decorator. We enter the house through a stable door leading into a hallway that has a guest toilet and basin area to the side. Leading to the left of the hall we enter a large lounge with fireplace, dining room and step down to a conservatorium with a seating and bar area enclosed with glass and a decked entertainment area with views of the waterfall. This beautiful house has 2 levels with two spacious bedrooms, both en-suite on the top level and walking down wooden stairs to the level below which boasts your own bedroom en-suite, a separate bathroom with separate lounge (or second bedroom) and fireplace. The doors lead out onto the tiled pool area with a wooden undercover jacuzzi and seating area.

Upstairs we find a spacious kitchen with wood burner stove, gas electric stove, granite tops, centre console, seating area large enough for a six-seater table and chairs. Leading off the kitchen is a scullery, laundry, and separate toilet. Double garages fitted with electric remote doors plus a separate single garage to store implements with a workshop.

This property has a further two x 2-bedroom cottages and a one-bedroom cottage for the extended family or to generate a small income. The large barn area has been converted into a decorating business, an office and toilet. There is an adjacent coffee shop which caters for lunches, functions, tasting evenings and is becoming well known in the area.

The Mpofana river runs along the property and above the waterfall is a little undercover area where you could lie in a hammock relax or have tea. The property has a borehole that pumps 24 000L/H pure water and 20 000 L JoJo tanks with gravity feed and pressure pumps. The fields are large enough for grazing with water points on every field. Roughly 8 hectares of arable land is found.

The property is fenced with CCTV camera, motion sensors and alarmed.

Features

4
4
2
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
4
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Garages
2
Security
Yes
Flatlet
3
Domestic Accommodation
1
Pool
Yes
Sizes
Land Size
22Ha

Balgowan, Howick

KZN’s Midlands, a quiet retreat close to the city buzz, is a popular place to live The country lifestyle of the KwaZulu-Natal Midlands with its convenient access to major cities remains a sought after area. Recently there has been an up-tick in interest in country smallholdings and farms in the Nottingham Road area, while demand for retirement accommodation in secure developments in Howick continues...
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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:

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

124,626.31

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