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R7,000,000

Monthly Bond Repayment R67,551.52
Calculated over 20 years at 10.0% with no deposit. Change Assumptions

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A HORSE PROPERTY TO BE PROUD OF!

A stunning horse property in the heart of Summerveld above the road level with views over the valley. Tarred access to the 4-bedroom, 2 lounge, 2 dining room home. The land of 7.5 acres has been specifically cleared and set up for horses with paddocks, dressage arena, lunge ring, 5 stables, tack room and shed. Other facilities include a separate 4 car tandem garage, 4 car tandem carport, duck pond, 2 Tilley sheds, and various storage outbuilding. There is also a cottage which has its own entrance. Additional income can be derived by renting out the stables, 2 x granny flats and the cottage all of which is conservatively estimated at R 20 000 per month.
There is a stunning 72 sqm enclosed entertainment patio looking out over the pool with a beautiful rockery with indigenous plants and water feature. The homestead is safe and secure with excellent security which includes electric fencing, cameras and burglar guarding. This is really a WOW property. Call now for an appointment to view.

Features

4
3
2
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
3
Kitchens
1
Reception Rooms
4
Studies
1
Exterior
Garages
2
Carports / Parkings
10
Security
Yes
Flatlet
2
Domestic Accommodation
2
Pool
Yes
Views
Yes
Sizes
Floor Size
702m²
Land Size
30,952m²
Extras
2 Fireplaces, Ceiling Fans, Aluminium windows and doors

Summerveld, Hillcrest

Hillcrest Hillcrest, a formerly sleepy village, has now become a booming suburb incorporated into the eThekwini Metropolitan Municipality.  Hillcrest was founded on a rise in the main road from Durban to Pietermaritzburg in 1895 as a farming or "weekend" village, then a good distance from what was the emerging port of Port Natal. The village was laid out as leasehold sites on a portion of the...
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Disclaimer: While every effort will be made to ensure that the information contained within the Dormehl Phalane Property Group website is accurate and up to date, Dormehl Phalane 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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

67,551.52

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