Property Details
This 9 Ha well-developed Smallholding in Grootvlei is just north of Montana close on the R101 & N1 Freeway near Murray Hill. The main house is spacious with 3 bedrooms, 2 full bathrooms, and a large kitchen, entertainment area, Built-in braai, and is Airconditioned.
2nd House: 2 Spacious en-suite bedrooms, Dressing room, 2 Bathrooms, 2 Living areas, storeroom, double carport, Dog kennels with a large yard. Current rental income = R7000 /month
3rd House: 3 bedrooms, 1 en-suite, 2 bathrooms, kitchen, laundry, 2x entertainment areas with built-in braai, and 3 x workers rooms. Current rental income = R8500 /month
All houses with their own pre-paid electricity, borehole water, and private entrances.
- Fully Game-Fenced
- CCTV Monitoring system
- Strong borehole with 6x 5000Lt & 2x 2500Lt Water tanks, Sprinkler system
- 5x Storerooms
- 100x Lemon trees under sprinkler system.
- Some small game like Springbok, Njala, Rooibok, Blesbok.
All birdcages, birds, fishponds with fish, and various species of 100 cycad trees are negotiable.
PLEASE NOTE THE FOLLOWING:
Do Not Reply to this listing should you not be willing to follo the Pre-Qualification process:
Why? – Because I deal with Serious Buyers onl
Pre-qualification prior to any viewing.
What doe this mean?
1. Bonded Property - To determine if you can afford to purchase a property through bank finance.
1.1 Prove of availability of Deposit, Transfer, and Bond Registration Fees.
2. Cash Buyers?
2.1 Prove of availability of funds
2.2 Prove of availability of Transfer costs.
3. To request your status, reply in the comments.
Also, be aware of the following:
1. The Banks will only finance a Smallholding smaller than 20ha (Absa and Standard Bank SA) Nedbank and FNB will only consider 8.5Ha. If the property is reliant on Borehole water the banks may ask for Borehole certificates that comply with their internal criteria.
2. Full time employed, South African
• Absa – Normal loan to value will apply, based on the applicant’s risk profile.
• Standard Bank SA will consider a max of 70% - 80% exceptional cases 90%
• Nedbank will consider a max of 80%
• FNB will only consider max 50% to 70%
Kobus Warricker
--- Farm & Smallholding Specialist --