R26,278,650
R26,278,650
Monthly Bond Repayment R284,783.59
Calculated over 20 years at 11.75% with no deposit.
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Exceptional Opportunity: Untapped Potential on Farm AYIKENDABA
Price Excludes VAT
Welcome to Portion 5, a unique opportunity nestled within the serene landscapes of Farm AYIKENDABA No: 11678, located in the picturesque province of KwaZulu Natal. This expansive property spans an extent of 52.5573 hectares and encompasses both land and buildings, forming an unused compound awaiting its next chapter.
Situated within Phase 4 of the DFA and EIA 7274 Record of Decision, this subdivision holds immense potential. It's imperative to note that any offers made should include a suspensive condition for environmental authorization, ensuring compliance with regulations set forth by the KZN Department of Economic Development, Tourism, and Environmental Affairs. Additionally, adherence to conditions outlined by the Department of Forestry, Fisheries, and Environmental Affairs pertaining to forested and wetland areas is paramount.
The property benefits from an Illembe Services agreement for Water and Electricity, providing current services subject to municipal conditions, although guaranteed continuity is not assured. Furthermore, a registered servitude over the property for Tugela Tides and other title conditions apply, ensuring comprehensive legal compliance.
With 40.6 hectares presently under sugar cane cultivation, the property presents an opportunity for agricultural endeavors or potential redevelopment projects. Purchasers will have the option to waive the requirement for Electrical and entomologist Certificate of Compliance (COC) concerning the buildings, offering flexibility in future development plans.
Whether you envision harnessing the agricultural potential of the land or embarking on a transformative development journey, this property offers a canvas for realizing your aspirations. Don't miss the chance to own a piece of this captivating landscape in KwaZulu Natal. Contact us today to learn more and seize this exceptional opportunity.
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