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R15,800,000

Plot 173 Doornbult, known as Aurora Village (old Soetdorings Club)

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POTENTIAL FOR STUDENT ACCOMMODATION OR A LODGE

This property is currently being used to accommodate school children, but the infrastructure and improvements are perfect for a lodge as well. The land size is 8.69 ha of which half is zoned for commercial use and the rest is zoned for agricultural use. The location is conveniently close to all main roads and to the CBD.
The owners began renovating the property during 2020 and renovations are ongoing. Lots of improvements and upgrades were done, including painting of the buildings, upgrading the industrial kitchen, brand new plumbing, brand new electrical installation, installation of a solar system and the list goes on.
The buildings include: 10x en-suite chalets that can accommodate 5 single beds in each, 3x larger chalets with 3 en-suite bedrooms in each, as well as a kitchen and living area, 10x rooms of which some are fitted with bathrooms and the rest are used for storage and office spaces, a reception area, an industrial kitchen with storage space, inside dining area as well as outside dining areas, study rooms, lots of outside entertainment areas and a stage, lots of parking spaces, mini-golf area, small farm yard and lovely gardens. Renovations are still ongoing on the lapa and 2 halls.
Water is pumped from 2 boreholes and stored in various tanks from where the household is supplied.
The property is fenced on all sides and access is gained through a remote controlled gate. Most of the furniture, appliances and other household items are included in the price.

Features

10
50
Zoning:
Mixed Use
Exterior
Security
Yes
Sizes
Land Size
8Ha
Parking Bays
Covered Parking Bays
10
Open Parking Bays
50
Extras
Solar System • Renovations • Chalets • Commercial Zoning • Agricultural Zoning • Industrial Kitchen • New Plumbing • New Electrical Installation • Offices • Storage Space • Reception Area • Inside and Outside Dining Areas • Study Rooms • Entertainment Areas • Mini-golf Area • Farm Yard • Garden • Lapa • Halls • Borehole • Water Tanks • Totally Fenced • Electric Gate

Doornbult AH, Polokwane

As the capital of Limpopo, Polokwane is a major economic centre in the north of South Africa, with relatively close proximity to the Kruger National Park, as well as to the borders of Botswana and Zimbabwe. Formerly known as Pietersburg, it is a town known to provide a spectacular showcase of jacaranda and coral trees in springtime. Polokwane is well known as a hunting destination, and it was one of the host cities...
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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

224,406.55

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