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R6,700,000

3Ha Farm For Sale in Durbanville Rural

3.1 ha Smallholding with the well known Riverside Outspan Farmstall and 4 income generating homes is now for sale.

Situated just 7km from the centre of Durbanville, this property offers a great opportunity. It already producing a an income of approximately R45,000 per month from various facilities on the property, plus there is just so much room to expand and improve on this.

Currently there is the well known Riverside Farmstall with African Pottery, Country Nursery, and General Shop, as well as the Farmshop and Bakery which has a good clientele for their fresh baked bread. There are also 4 homes which also produce an income.

The Main house, in which the owner grew up, offers 3 bedrooms, a bathroom, open-plan lounge with fireplace and a kitchen (needs attention). The second house has 3 separate entrances, 1 for the main house and 2 for each of the 1 bedroom, 1 bathroom flatlets. The third house comprises of 2 semi-detached units, each with 1 bedroom,1 bathroom, big lounges with fireplaces and kitchens. In addition to these residences, there is the Blue Padstal (Farmstall) which also has an attached residence with kitchen, lounge, 1 bedroom, 1 bathroom and an upstairs mezzanine area.

Other buildings include the pottery barn, numerous wendy houses and a storage facilities, and a small Chapel which is an opportunity waiting to happen. There is a borehole and 7 x 2500L and 1 x 10,000L holding tanks. Electricity is supplied by Telkom with all running from 1 meter (no prepaid).

The farm is divided by the beautiful Outspan River which allows for paddling and swimming during the warm summer months and is situated on the R302 just outside of Durbanville.

To visit, view, absorb and understand the potential of this smallholding, please call to arrange a private viewing or more details.

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3Ha

Durbanville Rural, Durbanville

Location Surrounded by picturesque wine and wheat farms, the suburb of Durbanville is a well-loved destination. The long stretches of rolling green hills, multiple vineyards and old-world farmhouses all work together to produce scenes worthy of a coffee-table book. Just 20 minutes to the north of Cape Town, Durbanville is one of the oldest municipalities in the Western Cape Province. History The history of the...
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5-weekend recreational activities to enjoy in Durbanville
The Northern Suburbs of Cape Town is almost another world when compared to the ritzy and glamours City Bowl or Southern Suburbs of the mother city. Traditionally a stronghold for the Afrikaans community of the Western Cape, the...
 
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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

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Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

89,471.13

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