R6,995,000
R6,995,000
Monthly Bond Repayment R75,805.31
Calculated over 20 years at 11.75% with no deposit.
Change Assumptions
R600
Tranquil lifestyle property... potential development
Situated above the road, equidistant between Hilton and Howick, on the fringe of the residential suburb of Merrivale Heights, this smallholding falls within an urban growth node with approval in principle for a medium density housing development. Such development may include duplex flats, semi-detached houses, terrace houses, maisonettes or dwelling houses. Presently, there are two houses and four cottages on the property generating excellent rental income, and the vast and fairly flat fields are used for grazing.
Country views abound. Potentially a country estate in a stunning setting.
Electrical power source is Eskom and water source - Umngeni municipal water.
For more information or a scheduled viewing of the farm, contact Acutts Agents.
Features
Interior
Exterior
Sizes
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