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R2,750,000

Monthly Bond Repayment R29,326.81
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Holiday Resort/Plot for Sale Just Outside of Randfontein

Overview:
Virginia Water is being sold as a complete package, including all furniture and fittings in the Airbnb and throughout the estate (see inventory). The owner is relocating back to the UK and only taking personal and treasured possessions.
Potential Income:
1. Manor House (4 Bedrooms): R9,000 - R10,000 per month
2. English Thatch Cottages (2 Bedrooms each): R4,400 per month x 2 Cottages
3. Simplexes (2 Bedrooms each): R4,000 per month x 2 Simplexes
4. Airbnb (3 Bedrooms): R8,000 - R10,000 per month or R500 per night
Property Features:
• Zoning Certificate: Rights for a holiday resort, venue, campsite, restaurant, and entertainment.
• Water Hole Certificate: Confirms a capacity of 7200 liters per hour.
• Estate Description: Available upon request.
• Itemized Inventory: Available upon request.
• Electricity Meter Rebates: Included.
Property Details:
• Bedrooms: 15 double bedrooms that can accommodate 2-3 people each, housing 30+ people.
• Fruit Trees: Lemons, oranges, apples, pears, peaches, natchis, Victoria plums, cherry plums, apricots, figs, and grapes.
• Animals: African Grey, lovebirds, ducks, and two FoxiesX dogs (3 years old).
• Land Area: 21 acres consisting of:
o Camping area/woods
o 5 lawns for entertainment and marquees
o 2 pastures
o Nearby fishing lake
o Walking and cycling areas
o Bridle path
• Access Road: Gravel road up to the gates, compacted monthly, approximately 1km from the main tarmac R41 road.
• Borehole: Produces 7200 liters per hour, with the aqua running about 120m below Virginia Waters originating from the Magalies Mountains. Additional boreholes can be drilled.
Additional Information:
• Maintenance Man/Gardener: Has been working on Virginia Waters for 35+ years. It is highly recommended that he stays on.
Contact Information:
For more details, to request the resort/estate description, itemized inventory, or to schedule a viewing, please contact us today!
Don't miss out on this incredible opportunity to own a serene and profitable holiday resort/plot just outside Randfontein.

Features

11
5
Pets Allowed
Yes
Interior
Bedrooms
11
Bathrooms
5
Kitchens
1
Exterior
Carports / Parkings
5
Security
Yes
Flatlet
4
Domestic Accommodation
1
Pool
Yes
 
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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

29,326.81

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