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R7,200,000

Monthly Bond Repayment R78,026.91
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R500

SMALL FARM FOR SALE IN BALGOWAN

Nestled in the valley of Balgowan, there is this picturesque farm of 42 hectares with the Indezi river running through it.

14 hectares of land is arable and registered to be irrigated from the river. The dry land is about 14 hectares, about 500 hay bales are cut and baled each year – kikuyu, oats, teff, eragrostis and veld grass. The land is flattish so suitable for livestock.

The house is totally off grid, there is solar for the house (8 panels) with a 5kw inverter, gas geysers and gas for cooking and there is a 25kva back up generator. The Eskom connection is there but is not used but can be easily reinstated. The borehole provides potable water at 4800 litres per hour.
The property is fenced and an electric fence surrounds the house. There is a workshop which is fully alarmed.

The house consists of a kitchen with a gas / electric oven, lounge with a combustion fireplace, an outside patio area with a braai and dining area and place for relaxation.

Upstairs, there is a large loft area which is used for guests and can easily accommodate a double bed and a couple of singles, could be converted into two rooms, used for storage or any number of other activities. It is light and airy and a very welcoming space.

There is also an outside office. The house is made of brick and the floors are all concreted so low maintenance all round.

Features

2
2
Pets Allowed
Yes
Interior
Bedrooms
2
Bathrooms
2
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Carports / Parkings
2
Domestic Accommodation
1
Sizes
Land Size
42Ha

Balgowan, Howick

KZN’s Midlands, a quiet retreat close to the city buzz, is a popular place to live The country lifestyle of the KwaZulu-Natal Midlands with its convenient access to major cities remains a sought after area. Recently there has been an up-tick in interest in country smallholdings and farms in the Nottingham Road area, while demand for retirement accommodation in secure developments in Howick continues...
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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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

78,026.91

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