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R18,750,000

Monthly Bond Repayment R187,196.23
Calculated over 20 years at 10.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R767
Monthly Rates
R767

GENTLEMAN’S ESTATE – BUSINESS OPPORTUNITY

NESTLED MID WAY BETWEEN DURBAN AND PIETERMARITZBURG, KWAZULU-NATAL
R18 750 000 + VAT

Set on 32 hectares of manicured gardens and rolling lawns, lies a remarkable Estate situated only 40 minutes drive from Durban.

The Estate has two main homesteads with 8 bedrooms, a cottage and Managers home as well as horse stables and paddocks.

This exceptional property could ideally be used as wedding venue, exclusive getaway, medical facility or upmarket rehab facility. The possibilities are endless...

This is one of the most beautiful and cared for Estates in KwaZulu-Natal.


MAIN HOUSE
The main house is nearly 100 years old with the oldest part having been constructed in 1924. There have been add ons and changes made over the years.

There are 4 bedrooms in the main house.

The main bedroom has a walk in dressing room, BIC, bay window and en suite bathroom. The bathroom consists of a shower, toilet and basin.

The second bedroom has BIC and en suite bathroom. The bathroom consists of a shower, toilet and basin.

The third bedroom has BIC and en suite bathroom. The bathroom consists of a bath, toilet and basin.

The family bathroom is a full bathroom.

Upstairs is the fourth bedroom. The upstairs area consists of a TV room leading into a second small room with cupboard and then into the main bedroom. The bathroom is a full bathroom and situated in the bedroom. The bedroom opens up onto a balcony showing views of the landscaped grounds.

There is a formal lounge, TV room, parlour, separate dining room, study, linen cupboard, kitchen, breakfast room and scullery. There are also fireplaces. The kitchen has an aircon. There are two stove tops. One is gas and the other is electric. There is also an ELO. Off the kitchen is a courtyard which leads to the laundry and storeroom. There is a large garage that can fit four cars as well as a double carport.

The main house mostly has parquet flooring. The house is North West facing, double storey and is thatched. Parts of the thatching have recently been done and the thatch is checked and redone on a regular basis. The house does have an alarm system and burglar guards. When the add ons were done to the main house the climate was taken into account. The house was adjusted so that the entertainment area (courtyard in a U shape) would be protected from the wind. There are two geysers and the kitchen has its own smaller geyser.

The house is definitely one of grandeur and has many appealing characteristics for the discerning buyer. The rooms are all of a large size unlike most houses built today.

SECOND HOUSE
The second house was built approximately 17 years ago. This house is more modern considering the different eras the houses were built in. The second house is a single story and has a tiled roof. It consists of 3 bedrooms (BIC and main has a walk in cupboard) and all have en-suite bathrooms. All the bathrooms are full bathrooms with double basins. There is also a linen cupboard and a guest toilet.

The lounge and dining room are separate and both have working fireplaces. The kitchen has both a gas and electric stove top as well as extractor fan and ELO. There is a separate scullery, pantry and laundry room and a study. The garage is a double garage and there is a room which houses water tanks. There is an alarm system.

THIRD HOUSE (Farm manager’s house)
This is a double storey structure with thatch roofing. It consists of a single bedroom, kitchenette (gas stove top and electric under counter oven), bathroom (shower, toilet and basin) and a single carport. There is a loft room upstairs.

FLATLET
The flatlet was originally a double garage that has since been converted. It has a single bedroom with en suite (shower, toilet and basin) and an open plan lounge / kitchen / dining room and verandah.

STAFF QUARTERS
There are a total of 9 individual rooms with 2 x communal showers and toilets. Each room has its own electricity meter. There is an additional, separate 2 rooms with en suite that is occupied by the main indunas.. Each bathroom has a shower and toilet. The geysers are solar geysers.

REMAINDER OF PROPERTY
The property is currently being used as a horse stud farm. There are 21 paddocks in total with 19, 4m x 4m stables.

There is a small, herb hydroponic house.

The garden is landscaped. It has numerous water features.

The tennis court was re-surfaced about 8 / 9 years ago. Near the tennis court is an outbuilding that could be used to entertain while playing tennis. It is enclosed.

On a clear day on the one side of the property you can see Sani Pass and sometimes the snow. On the other side of the property you can see the sea at Umkomaas. The property is situated at the top of the ridge and the view are breathtaking.




Features

4
4
4
Interior
Bedrooms
4
Bathrooms
4
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Garages
4
Carports / Parkings
2
Security
Yes
Flatlet
3
Domestic Accommodation
11
Pool
Yes
Views
Yes
Sizes
Land Size
320,000m²

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Disclaimer: While every effort will be made to ensure that the information contained within the Tyson Properties website is accurate and up to date, Tyson Properties 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
Vat @ 14%
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Exclusive Use
Fica
Deeds Office Search
Electronic Document Preparation
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
Vat 14%
Deeds Office Levy
Postage and Petties
Insurance Certificate
Bank Electronic Connection Fee
NCA Fee
Electronic Document Preperation
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
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Monthly Payment

187,196.23

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