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R46,500,000

202 Beach Road

Monthly Bond Repayment R495,889.78
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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99 HECTARE FARM WITH DEVELOPMENT POTENTIAL!

It is no secret that the South Cape coastal areas are experiencing a huge influx of new residents. George is the largest town in the area and is clearly destined for further growth.

The George Spatial Development Framework identified the Hansmoeskraal area (including Hansmoeskraal farm) which borders on the sea, as part of a special development hub. Hansmoeskraal has been identified for science, technology and research enterprises as "Hans Moes Kraal 'Hi-Tech' hub - Future special investment node, targeted at science and technology enterprises, and allied research and training facilities as well as conferencing facilities" for future development to provide facilities for the hospitality industry, businesses, a science and technology park, a medical centre, residential developments etc. The investment potential of Hansmoeskraal farm is reflected in the building of the afore-mentioned facilities.

This majestic sea-side farm in Hansmoeskraal is on the south of Pacaltsdorp (George), on a gravel road leading towards the Le Grand George Golf Estate.
The property has resplendent and imposing views north and south with a slight slope towards the sea and mountains with an approximate 550m sea-frontage.
- The main building (390 m.) is constructed of clinker brick under a pitched asbestos roof with wooden windows. Floors are covered with carpet and tile. It has 3 spacious bedrooms, 2 bathrooms, kitchen, office, work room, living room, scullery, lounge, braai room, dining room and double automated garage.
- The older house (337 m.) is constructed of brick and plaster under a pitched iron roof with steel frame windows, with 3 bedrooms, 2 bathrooms, kitchen, office, living room, scullery, lounge, and dining room.

- A store (320 m.) of steel construction with brick plaster and asbestos sides with pitched asbestos roof is walking distance from the main dwelling.
- A plastic covered area (587 m.) was previously used as a fish farm and has fish tanks constructed of steel frame, cement, and plastic with 136 Solar panels providing electricity.
- 5 Flats comprising of 1 bedroom with bathroom and garage each, adjoins the store and with floors covered with carpet and tile. (305 m.)
- 3 flats, 1 flat with 3 bedrooms, bathroom, and double garage, and 2 flats with 2 bedrooms, bathroom and garage are situated separately from the 5 flats. Floors covered with carpet and tile. (630 m.)
- 3 smaller houses, each with 2 bedrooms and bathroom are brick plastered with asbestos rooves and the floors covered with tile/cement screed. (180 m.)
A monthly revenue stream of approximately R18,000 is provided from letting the bulk of the above properties.
There are two earthen dams on the property and an equipped borehole providing water to the farm. Six water tanks collect rainwater.
Total EXTENT OF LAND 99.3073 ha
ZONING Agriculture
SERVICES Municipal/Private.

The price includes VAT and no transfer duty is payable.

Features

21
15
11
Pets Allowed
Yes
Interior
Bedrooms
21
Bathrooms
15
Reception Rooms
12
Studies
2
Exterior
Garages
11
Security
No
Domestic Accommodation
3
Sizes
Land Size
99Ha
 
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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

 

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Monthly Payment

495,889.78

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