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R2,950,000

Monthly Bond Repayment R30,953.05
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Vaal River Lifestyle & Agricultural Investment

NOTABLE FEATURES
Access to 57km of boatable river, skiing, boating, cruising
Slipway/Entertainment lapa
Two adjacent smallholdings on offer, to be sold as a unit
Pivot Irrigation from River
Large Sheds
Inventory list of all implements, tools and farm equipment included available
Feedlot enough for 200 sheep/goats
Borehole
Animals not included

This 14-hectare farm, located in the Loch Vaal area along a tributary to the Vaal River, presents a unique and attractive opportunity for investment, residential and agricultural development.

Key Features:
Lucerne and Tef Production:
The farm is currently producing lucerne (with 3 years left) and to re-establish tef for the upcoming season. These are high-value crops, which will provide a steady income stream.

Land and River Frontage:
The property boasts river frontage on both its sections and access to boating which adds both aesthetic value and practical benefits, such as watersport, recreational activities and irrigation for agricultural activities.

Security:
The property is well-secured with perimeter walls, palisades, and electric fencing, ensuring safety for both the land and any potential livestock or structures.

Infrastructure:
Large Entertainment Lapa: Ideal for social gatherings or events, situated at the riverfront.
Slipway and Fire Pit: Adds recreational value for entertainment and water activities.
Kitchen unit, Bathrooms, and Staff Quarters: Existing facilities that provide convenience for owner and guests.
Borehole: Ensures a reliable water supply, which is crucial for residential needs.
Sheds and Workshops: These include both closed-in sheds for farm implements, storage for bales, machinery and open-sided sheds, providing flexibility for various uses.
Containers and Tool Room: Additional storage and workshop facilities.
Septic Tanks: Present for waste management.

Second Property
The second property houses a large water pump for pivot irrigation on both properties, making it well-equipped for agricultural operations. Application for water rights for farming has been submitted. Additionally, there are animal enclosures that can accommodate up to 200 sheep or goats.

Zoning and Potential for Development:
The application for Sectional Title units has been entered into, but will not be pursued by the seller. However, a new owner could continue this process to potentially subdivide a portion of each property into 4 sectional title units.

No Dwelling Currently on Site:
There is no residential structure on the land at present, but the potential exists to build a riverfront home on each property, offering picturesque views and an idyllic setting for country living or a retreat.

Potential Uses:
Agricultural Operations: The land is already set up for lucerne and tef farming and has ample infrastructure to support livestock farming, particularly sheep or goats.
Development Opportunity: The zoning and infrastructure could lend itself well to future residential or mixed-use developments.
Recreational Property: With its riverfront location, entertainment facilities, and expansive outdoor space, the property could also serve as a recreational estate or event venue.

Price Consideration:
Given the condition of the properties, the extensive infrastructure, and the riverfront location, this small farm offers significant value above its asking price, making it a worthwhile consideration for those looking for agricultural or lifestyle investment.

Features

0
2
10
Pets Allowed
Yes
Interior
Bathrooms
2
Kitchens
1
Exterior
Garages
10
Carports / Parkings
10
Security
Yes
Domestic Accommodation
2
Sizes
Land Size
140,000m²
Extras
Aquatic Activities • Bath, Toilet and Basin • Boat Launch • Lapa • Guest Toilet • Shower, Toilet and Basin • Totally Walled • Totally Fenced • Farming • Cash Crops • Sprinkler System
 
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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:

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Expenses

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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

30,953.05

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