Bond
Price to sell R3 999 999 excluding VAT - no transfer duties
This expansive 4.3-hectare stand has recently come onto the market and is perfectly positioned on Summit Road. The property offers exceptional potential for the discerning buyer.
There are existing buildings on the land which have been vacant for some time and will require renovation. The main home, although vandalised, is generously sized and offers multiple possibilities. It features a kitchen with a scullery, a separate wing that could be converted into a self-contained guest suite, as well as a study, several bedrooms and bathrooms, and a lovely double-volume entrance hall.
In addition, there is a cottage on the property requiring renovation, offering magnificent views. Staff quarters are also present, comprising three rooms with a kitchen and bathroom, all of which will need refurbishment.
The stand is well established, featuring beautiful mature trees, and enjoys dual access from Summit Road as well as a dirt road at the opposite end of the property. The land may be purchased as a whole or subdivided into four 1-hectare stands.
Water supply is via a borehole, which is currently unequipped.
Please note that VAT is applicable on the asking price, and no transfer duties will be levied.
This property will not be on the market for long - contact us now to view it.
Whilst every care has been taken in the preparation of this listing, we cannot be held responsible for any errors or omissions which may occur.
Area ratings do not reflect Qwengo's opinion or view. This information is provided by third parties.
| Consume | Value spend |
|---|---|
| Deposit (R) | 17 |
| Payment term (R) | 25 |
| Interest rate (R) | 3 |
Monthly Total
Mortgage
Purchase price
Deposit 10%
RPayment term
20 yearsInterest rate
11.5%Your payment
R / mo.