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R8,945,000

Monthly Bond Repayment R96,937.60
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R3,504

An Equestrian dream In Drummond

An established Equestrian Estate which is looking for a new caring owner.
This property is carefully set out to take advantage of the surrounding views, the peace and tranquility and od course the horse lovers every needs.
The master built main dwelling has 3 bedrooms downstairs with the master upstairs offering stunning early morning sunrises. The true farm style kitchen wraps around you with solid timber tops and plenty of cupboard space, a scullery and plumbed laundry. The double garage , extra length has an interleading door directly into the main house.
Downstairs the home is designed for family, with lovely conversation corners , a super dining area adlacent to a built in bar area and open plan to the lounge and TV room. Opening doors offer the outdoors inside overlooking a small pool and stunning rocky garden features. If you are quiet enough the local buck will pay a visit to your doorstep to enjoy your company.
Seperate to the main house is a 2 bedroom cottage with open plan lounge and kitchen which currently supplies a nice income to supplement your earning from the riding school should you wish to have one.
The remainder of the farm offers
1. A large workshop adjoing the 14 clean and well laid out stables.
2. A tack room and feed store are set inside the stables.
3. 3 grooms accomodation with kitchen etc
4. Tool shed
5. Hay barn storage area
6. 60 x 40 sand arena and lunge ring
7. Riding school arena
8. 3 growing tunnels for veggies or plants
Solar powered borehole supplies water to 8 x 5000 above ground storage tanks which are triple filtered for the house and cottages use.

There is also a 1 bedroom dormitory for use for friends or riding school use just above the stables.

This is a stunning property which is set up as a riding school with everything reqiured to run a super income earning riding school. If you would just like to stable horses as a passive income, then this is absolutely suitable .

Your Own piece of heaven in the contry side , close enough for easy freeway access and just down the road from the famous Comrades Marathon halfway point.

To view or more information contact me soonest.

Features

4
3
2
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
3
Kitchens
1
Reception Rooms
3
Studies
1
Exterior
Garages
2
Security
Yes
Flatlet
2
Domestic Accommodation
1
Pool
Yes
Sizes
Floor Size
350m²
Land Size
4Ha

Drummond, Hillcrest

Nestled in the Valley of a Thousand Hills, Hillcrest has a slightly cooler and less humid climate than other parts of Durban. It's a family-friendly suburb, with many private schools, parks and kid-friendly restaurants.   Estate living is very common, with many estates boasting well-kept golf courses. Built amongst rolling hills, houses have magnificent views of the valley and lush, surrounding...
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SPCA Fundraising Event
2020 has been a challenging year for all of us... so we at Dormehl Phalane Property Group Upper Highway decided to give back to our community by hosting a fund raiser at the Kloof and Highway SPCA on Saturday the 21st of...
 
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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 Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

96,937.60

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