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R10,600,000

372 R45

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INCOME GENERATING PROPERTY

PRIME POSITIONED PROPERTY

Conveniently situated just off the R45 you will find this great-positioned property that lends itself to further lifestyle or commercial development. The property is currently run as a venue and as a driving range, and it has the best views of the surrounding mountain ranges. With two great towns, Wellington and Paarl, just a stone's throw away the possibilities for schools and business is endless.

The venue can host up to 120 guests and can be used for Weddings, Birthdays, Year-end functions, Conferences, and live music just to name a few. The venue is fully booked for up to six months in advance each Friday and Saturday

The driving range is well known by all the locals and is used frequently by people from as far as Malmesbury.

The main house consists of three bedrooms, one bathroom, a kitchen, a living room, and a large office. The second house is attached to an outbuilding and is currently under renovation, it consists of two bedrooms, one bathroom, and open plan living area with a kitchen. The third house which is currently used as the driving range office lends itself to a potential restaurant with a large outdoor entertainment area. It consists of a large open-plan living room with a kitchen, 2 bedrooms, and one large bathroom.

Other outbuildings consist of three large stores which can be converted into extra accommodation or rooms.

Other improvements on the farm consist of a miniature golf course and a children's playing park. The beautiful earthen ponds create a great atmosphere for outdoor entertainment and photography.

Water

Water rights for 6.8 hectares from the Berg River and a borehole that supplies drinking water for the property

Please feel free to contact me regarding this property

Features

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0
Zoning:
Agricultural
Exterior
Security
No
Sizes
Floor Size
200m²
Land Size
6Ha

Wellington Rural, Wellington

Wellington is located within the Western Cape province of South Africa and is known for its educational institutions, which stemmed from Scottish and American influence. In addition to its delectable cuisine and delightful properties, the town offers residents a remarkable heritage of historic buildings and architectural gems to explore. Nature enthusiasts will find joy in Wellington's abundant fynbos hiking trails,...
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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

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Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

150,551.23

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