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R9,900,000

Monthly Bond Repayment R107,287.00
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R600

The 15-hectare farm in Marina Beach on the south coast has multiple features and potential uses:

1. Macadamia Farming: 11 hectares of the farm have been planted with Macadamia trees. After 6 years, these trees are currently producing 5 tons of Macadamias. Once all the trees are matured, it is expected that the farm will produce 40 tons of Macadamias. This suggests that the farm's Macadamia production is likely to increase significantly in the coming years.

2. Rental Income: The farm also has the potential for generating rental income. There are seven flats on the property, which are separate from the main farm house and an additional house with a rondawel. Out of these, five flats are already rented out, providing a stable rental income.

3.Infrastructure: The houses on the property are equipped with back-up water supply, which is essential for water security. Additionally, the houses are fully fenced and secured, ensuring safety and protection of the property and its inhabitants.
4. Irrigation: The farm has a nice-sized dam, which is strategically positioned for irrigation purposes. This is crucial for supporting the growth and maintenance of the Macadamia trees and other potential crops.

In summary, the farm has significant potential for both agricultural production (Macadamia farming) and generating rental income from the flats. The combination of these features makes it a versatile property with opportunities for both agricultural and residential use. Additionally, the presence of a well-positioned dam enhances the farm's agricultural prospects.

Features

18
13
6
Pets Allowed
Yes
Interior
Bedrooms
18
Bathrooms
13
Kitchens
10
Reception Rooms
11
Studies
1
Exterior
Garages
6
Flatlet
7
Domestic Accommodation
1
Pool
Yes
Sizes
Land Size
15Ha
 
  • 1
 

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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

107,287.00

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