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R29,500,000

Monthly Bond Repayment R319,693.58
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R1,600

UPMARKET FARM AND FUNCTIONS VENUE FOR SALE IN FORT NOTTINGHAM

This 73,9266 hectate property, set in the most spectacular setting of lush green fields, paddocks and overlooking a dam teeming with birdlife, offers something unique.

The main house boasts large living areas with an outside covered patio overlooking the dam, the three bedrooms are all en suite and open up onto their own private patio areas. There is a large office and two outside flatlets for extra accommodation.

The kikuye and rye grass is currently being grazed by horses but there is enough grazing for cattle or sheep as well.

The well thought out wedding / function venue is large enough to accommodate 350 to 400 guests in a chapel as well as the function room. Large catering areas both for in-house and external catering are efficiently equipped, as well as having bar and office areas.

The accommodation offered for guests is in 7 cottages, most with full kitchen facilities and able to accommodate 3 guests and a sleeper couch for children, as well as 6 barn suites, double rooms with a coffee / tea station. A log cabin sleeping 8 completes the accommodation. In total, there is enough accommodation for 32 guests.

This property is currently a sought after functions and wedding venue. However, the perfect purchaser needs energy to not only run functions and accommodation efficiently, but to have sufficient energy to utilise the grounds to their full potential. Water is supplied via a borehole, but the Lions River runs through the property and the lands can be irrigated from the river.

Looking for a business in the Midlands, this is one not to be missed.

The property is in a Vat registered company, hence no transfer duty

Features

21
3
Pets Allowed
Yes
Interior
Bedrooms
21
Bathrooms
3
Kitchens
1
Reception Rooms
3
Studies
1
Furnished
Exterior
Carports / Parkings
3
Security
Yes
Flatlet
7
Domestic Accommodation
6
Sizes
Land Size
739,266m²
Extras
Wedding venue to accommodate 350 to 400 guests
 
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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

319,693.58

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