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R3,800,000

Banners Rest

Monthly Bond Repayment R40,524.33
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Five-bedroom home on established farm in Banners Rest

Situated on 2.0430 hectares, this macadamia and banana farm is located on the Lower South Coast of KwaZulu Natal, with the main house overlook the farm. This is the perfect opportunity for your next business adventure. This property presents an opportunity to acquire an easy working macadamia and banana farm, just minutes away from the most popular beaches and Port Edward CBD.

There are five bedrooms, three bathrooms, open plan living area with indoor entertainment area, kitchen and scullery. A separate income generating cottage and four locker garages. A strong borehole, water tanks plus a solar and inverter system. This also a small dam.

This property holds approximately 560 macadamia trees and 1000 bananas tree with row spacings. Also featured on this property are storage sheds and staff quarters.

Located on prime agricultural land, this established working farm is well worth the consideration for those buyers looking to expand their farming portfolio, start a new venture, or wanting to secure property Viewing are strictly by appointment. For more information call the listing agent today!

Features

5
3
4
Pets Allowed
Yes
Interior
Bedrooms
5
Bathrooms
3
Reception Rooms
2
Exterior
Garages
4
Carports / Parkings
3
Security
Yes
Flatlet
1
Domestic Accommodation
1
Pool
Yes
Views
Yes
Sizes
Floor Size
240m²
Land Size
20,430m²
Extras
Solar Panels and Invertor system

Banners Rest, Port Edward

The southernmost resort town on the KZN Hibiscus Coast is Port Edward. Lying north of the Mtamvuma River, which is the border of KZN & Eastern Cape, this village is a popular holiday & Real Estate choice for those who prefer more tranquil surroundings. The R61 connects Port Edward with Port Shepstone via the coastal towns of Southbroom, Ramsgate, Margate & Shelly Beach. At Port Shepstone the R61 meets up with...
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In the news

Chas Everitt now in Port Edward
Welcome Lionel Woods & Annette Mentz to the Chas Everitt family in Port Edward KZN. Annette started her real estate career in Irene Estate in Pretoria 15 years ago, then moved to Somerset West in the Cape where she was a part...
 
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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

40,524.33

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