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R12,999,000

Monthly Bond Repayment R138,625.19
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R1,500

Kwa Nyoni (Place of the Bird) What an experience!

Looking for absolute tranquillity and a peaceful retreat, this is the place to be. Overlooking the Umgeni Valley towards the Albert Falls Dam, the views are indescribably beautiful. This lifestyle property offers a variety of possibilities. Besides the two main homes with plentiful parking, there are 3 bachelor cottages available in this piece of the property. The main house is currently being rented out as an Airbnb, bringing in a steady income.

Walking down to the lower part of the property, you will find a large shed, complete with kitchen and ablution facilities. This has previously been successfully used as a wedding venue. For accommodation, there are three two-bed, two-bathroom cottages, of which two are currently rented out.

Water for the property is supplied by a nearby dam. The borehole is currently not in use. Escom electricity is supplied via a three-phase feed. The land is sub-dividable, leaving room for numerous uses.
Being in close proximity to “The Gates Country Estate”and almost neighbours to Hilton College, the B & B facility is often used by visiting parents and families of the students. There is also the added advantage of having “Eve’s Field” airstrip very close by if you prefer to fly in.

This lifestyle property is to be seen to be appreciated. Give us a call for a viewing of this beautiful experience!

Features

7
5
1
Pets Allowed
Yes
Interior
Bedrooms
7
Bathrooms
5
Kitchens
2
Reception Rooms
4
Studies
1
Exterior
Garages
1
Carports / Parkings
1
Flatlet
6
Sizes
Land Size
11Ha
 
  • 1
 

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Disclaimer: While every effort will be made to ensure that the information contained within the Meridian Realty website is accurate and up to date, Meridian Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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

R
%

Monthly Payment

138,625.19

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