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R17,000,000

Investment Opportunity

This 'area of opportunity', 28 hectares in extent, is situated alongside the N3 corridor and near the Lynnfield Park interchange in this commercial growth node with much development unfolding in this municipal planning scheme. HUGE investment is happening in this "T-zone" being the N3 carriage way between Pietermaritzburg and Durban and then along the N2 between Amanzimtoti and Umhlanga.

The land is extensive and boasts views out toward KZN's Table Mountain. The adjacent farm in this area is also for sale and, similarly, listed with Acutts.

The property comprises a well maintained homestead and an entertainment venue adjacent to the main house both set in an established garden with a swimming pool and a dam. Various streams of revenue compliment the camping and wedding venue set up and include poultry with assorted bird enclosures - ostrich, turkey, peacocks and peahens, ducks, geese, and parrots.

The elaborate wedding venue / function hall and the adjacent camping site (with electrical plug points), is flanked by 'his' and 'hers' ablution facilities, additional buildings and extensive staff accommodation that could be converted for further guest accommodation.

For more information or an appointment to view, contact Acutts' agent. Client pre-qualification applies.

No Vat is is applicable on the purchase of this property. Let's go!

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
1,000m²
Land Size
28Ha
 
  • 1
 

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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

241,450.08

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