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R1,800,000

Monthly Bond Repayment R19,506.73
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R800

ATTENTION ASPIRING FARMERS

Looking at starting your own farming business of fruits and vegetables then a great opportunity has presented itself to start your own income generating farm. An array of fruit trees such as Litchi trees (trees already yielding a big harvest with the potential to yield more,) Macadamia trees (trees already yielding nuts), banana trees, avocado trees & a few jack-fruit trees are already established on the farm. The last harvest of litchis was sold to local businesses and surplus stock of fruits harvested is also sold at the markets in Durban and the seller’s own shop. The land is extremely fertile and suitable for the cultivation of other vegetables.

There is a potential as well to establish a pig farm as pig farming was done there previously. There are two buildings (requiring renovation), a single garage and one garage is converted into a storeroom.

A river runs along the northern end of the property and forms part of the border of the property. An irrigation system was previously set up to utilise the river water to irrigate the fruit trees. There are two dams on the farm for additional water supply. There is currently no municipal water supply to the farm but a water pump and irrigation pipes (as is) is included in the sale. The electricity has been disconnected and requires re-connection.
The farm is approximately 10 km from Port Shepstone CBD and close to the off ramp onto the toll road. The farm entrance is also tarred. The seller is willing to assist any potential buyer with establishing contact with local businesses and the Durban market to establish themselves into this environment.

So, if you’re a budding entrepreneur with farming knowledge or an established farmer looking to grow your business, don’t miss out on this opportunity to view this farm.

Call us now to do a walk through of this farm.

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Sizes
Land Size
3Ha
 
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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

19,506.73

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