R46,500,000
Monthly Bond Repayment R487,904.05
Calculated over 20 years at 11.25% with no deposit.
Change Assumptions
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
Interior
Exterior
Sizes
Get Email Alerts
Sign-up and receive Property Email Alerts of Farms for sale in George Rural, George.
Disclaimer: While every effort will be made to ensure that the information contained within the REDZ etc website is accurate and up to date, REDZ etc 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.