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R8,320,000

Monthly Bond Repayment R80,289.80
Calculated over 20 years at 10.0% with no deposit. Change Assumptions

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FAVOUR (STUD) FARM FOR SALE: RIVERSDALE/STILL BAY

Favour Stud was a thoroughbred horse breeding and training facility that was established in 2007 and since then became one of the best in South Africa.
The farm is 160 ha in size and is located between Riversdale (20 km) and Still Bay (15 km) on the R305.
The farm is irregular in shape with the farm buildings located in the centre of the farm. The farm consists of irrigation, dry land, Fynbos and horse paddocks.
Dwellings are a 3 bedroom manager's house, a 2 bedroom thatch roof house, 2x bedroom cottage, staff housing, a function venue, board room, a farm manager's office, a general manager's office, stallion barn, breeding stables, racing stables, animal clinic and a workshop. There are also 3 large easy access storage buildings. ( 1600 m² ) Other infrastructure consists of the entrance gate wall, pump house, gravel dams with 2 pumps, fencing, water reticulation, reservoirs, etc.
IRRIGATION:
-> Scheme name: Gouritz
-> Supply: Perennial
-> Source: Dam
-> Extraction volume as per certificate: 300 000 cm
-> Extraction point: Dam
-> Type of irrigation: Sprinklers
-> Crops under irrigation: Olive Trees and Lucerne
-> Extent of irrigable land: 113 ha
Horses are no longer kept on this magnificent property with it's 6 800 m² of buildings. The property is currently utilised as a rental facility, with rental agreements in place- ensuring a good and immediate return on investment.
If you have any questions or want to view this property, please contact me.

Features

7
4
10
Interior
Bedrooms
7
Bathrooms
4
Kitchens
5
Reception Rooms
1
Studies
3
Exterior
Garages
10
Carports / Parkings
1
Sizes
Land Size
160Ha

Riversdale, Riversdale

Riversale is a flourishing country town situated on the N2 highway between the Langeberg mountain range and the sea, and within easy reach of surrounding towns. Riversdale makes an ideal stop-over or base for exploring the area. Riversdale's ideal location gives it the advantage of being within a few kilometres of seaside towns such Still Bay and Witsand and also an excellent base for one-day trips to explore the...
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In the news

Game/stud/guest and lifestyle farms boost demand for country property
Agricultural property remains the mainstay of most of the smaller towns of the Cape countryside, from the Overberg and Southern Cape coast to Namaqualand and the Karoo. Aside from a sustained demand for agricultural farms, game,...
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Seeff Property Group website is accurate and up to date, Seeff Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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

R
%

Monthly Payment

80,289.80

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