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R16,000,000

Monthly Bond Repayment R154,403.46
Calculated over 20 years at 10.0% with no deposit. Change Assumptions

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Prime Farm with sea views

Chas Everitt International Property Group East London is proud to present one of the finest farming areas situated on the East London coast

The farm consists of 2 farms, 26 hectare and 4.50 hectare with the Hickmans river boundaries on both farms. There are some lovely yellow wood and other indigenous trees growing along the cliff fence.

Both sections of land are in lie zoning footprint, cove rock country estate which is the neighbor east are developing on 2 sides of the boundary. EL municipality has registered servitude along the marine drive road for water and sewage

This farm is well suited to a developer in that they can connect to municipal services without incurring any installation costs. The farm has 2 bore holes and both deliver good water but they are currently not in use.

The farm is supplied with 3 phase electricity from Eskom. Both portions of the farm are game fenced but not electrified. There are about 40-50 impala on the farm and some other buck.The buck will be sold with the farm.

The original farm family home is a solid double story with a slate roof - upstairs is the main living area it is a beautiful thatch entertainment area, small plunge pool.

Situated upstairs on a timber deck and a large braai leading out from the entertainment area.


Years ago the large house and some of the outside buildings were changed into small generating flats and those could be used as a B&B / to house extended family.

The outside of the building consists of 10 garages, one double carport, one large farm workshop. There is an option to convert the workshop into a 3 bedroom house or even horse stables.

There are three offices newly renovated with a boardroom, 2 bathrooms and 1 kitchen

The farm entrance is off the marine rive and the farm road is concrete strips leading through an impressive thatch entrance with remote sliding gates to the farm house.The main farm house has about 2 meter high faced brick an pallistate wall with an electric gate. The top of the wall is electrified with an alarm siren.

The house alarm has 2 side beams and is wired to 5 garages which is monitored by a response company. The grand old house was built very well and is about 70 years old and has no structural damage

This is a magnificent property close to town and close to the airport with beautiful sea views and a view of Cove rock.

Features

Sizes
Land Size
30Ha

Cove Rock, East London

Why buy a property in East London? There are numerous reasons why one should consider buying property in East London. East London is a pleasantly laid back little city with lovely beaches and great surf. With pretty little seaside resorts stretching out to the north eventually culminating in the fabulously scenic Wild Coast, where you can do coastal hikes on your own or supported. Horse trails, some gentle...
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Pet Pals Receives Large Donation of Dog and Cat Food From Chas Everitt East London Team
Office: Chas Everitt East London Cause/Charity: East London Pet Pals Chas Everitt East London chose to spend their 67 Minutes for Mandela Day at the East London Pet Pals animal shelter. As part of the Chas Everitt Cause for...
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Chas Everitt International Property Group website is accurate and up to date, Chas Everitt International Property Group 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:

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Expenses

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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

154,403.46

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