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R6,300,000

Monthly Bond Repayment R68,273.54
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R1,429

Farm with income generating business for sale!

GREAT BUSINESS OPPORTUNITY!
Great business opportunity! 12.2 Ha farm with an income generating business for sale in Modimolle, Limpopo.

The farm comes with a very popular 80 seater restaurant at the entrance of the farm. It is on the busy R33 main road to Modimolle from the N1. This restaurant is very popular with tourists and people from around alike. It is fully equipped with a liquor licence and have been in business for 16 years. Reason for selling is that the owner wants to retire.

Next to the restaurant there is a 3 shop complex building, each shop 5 x 7m and can be rented out for an rental income. The property also has a driving range close to the road. This farm has endless potential and is located on a prime spot!

The main house is spacious with 5 bedrooms, 3 bathrooms, of which 2 is en-suite. There is also an entrance hall, kitchen, dining room and lounge. Next to the house you will find a lapa and one bedroom flat. You will also find a 2 bedroom flat on the premises, as well as 2 over night rooms for renting.

On the farm you will also find 3 big warehouses, a reservoir dam and growing tunnels complete with sprayers.

This is an opportunity not to be missed! Please call me for more info and a viewing.

Features

5
3
2
Interior
Bedrooms
5
Bathrooms
3
Kitchens
1
Studies
1
Exterior
Garages
2
Carports / Parkings
17
Flatlet
2
Sizes
Land Size
12Ha
Extras
Borehole • Alarm • Irrigation System • Entrance Hall • Family / TV Room • Garden Cottage • Lapa • Pantry • Patio

Modimolle, Modimolle

Nestled in the fertile lands of the Limpopo Valley, Modimolle has made a name for itself as one of South Africa’s leading areas of agriculture. Grapes, cattle and citrus fruits form the majority of the area’s exports, which trade as far abroad as Europe and South-East Asia. The fertile lands are a result of the river that flows through the region, which is what attracted settlers to the area in the late...
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In the news

Modimolle town offers a break into the bushveld
Escape the hustle and bustle of city life and discover the hidden gem of Modimolle (previously Nylstroom), a quaint Limpopo town nestled in the heart of the bushveld. Here, visitors and residents alike are enchanted by gorgeous...
 
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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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

68,273.54

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