Impressive R145,000 in monthly rental income

R 14,000,000

Can I afford this?
6 months ago569 views
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General Details
Location:
For Sale By:Agency
Description
Impressive R145,000 in monthly rental income
Property Advertised VAT exclusive and can be sold as a going concern.
Welcome to your dream farm or venue! This enchanting property is not just a farm; it's a lifestyle waiting to be embraced. Nestled just 10 minutes from the heart of Shelly Beach, this gem boasts a caravan park and multiple cottages and houses that generate an impressive R145,000 in monthly rental income, all backed up by solid financial statements.

Picture this: sprawling paddocks for your houses, two tranquil dams, and a tented luxury camp for a touch of adventure. Whether you're in the mood for business or leisure, this property has it all. Dive into relaxation with three inviting pools, an entertainment room, and convenient ablution blocks.

This haven is designed for growth and creativity. With plenty of land still available, you can expand your dreams by constructing more buildings or cultivating the existing land. It's a canvas waiting for your vision!

And did we mention the lush green rolling lawns that surround this property? It's more than a farm; it's a haven of tranquility and opportunity. Don't miss your chance to own this slice of paradise.


Contact us now to turn your property dreams into reality!

Property Reference #: CL106

Agent Details:
Gert Van Zyl
Real and Proper T
No 1 Bank Street (Corner Bank Street and Marine Drive)
Margate
KwaZulu Natal

Id Subtitle 1250754146
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Estimated monthly repaymentR 151,719
Total property loan amountR 14,000,000
Total interestR 22,412,558
Total repaymentR 36,412,558
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Selling for 3+ years
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