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R19,750,000

Monthly Bond Repayment R210,619.85
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R4,500

OLIVE FARM LIVING IN PAARL 7 BEDROOM HOUSE WITH X 4 EXTRA FLATS -Endless Possibilities

Welcome to Olyfhoek, where opulence meets tranquillity in the heart of Boland. This expansive 5.89-hectare estate epitomizes comfort and convenience, perfectly situated near key amenities and transport routes, including those to Cape Town and Wellington/Malmesbury, and only 8km from Paarl.

Upon arrival at Olyfhoek, you're greeted by an enchanting landscape of olive trees stretching endlessly. With approximately 2000 trees of both oil and table varieties, the property offers not only natural beauty but also the potential for a prosperous olive business. The estate boasts efficient irrigation via a dual drip line system, supported by three boreholes and eight large tanks, each with a 10,000-liter capacity. A comprehensive water purification system ensures a reliable supply for both household and irrigation needs, while dependable 3-phase power from Eskom guarantees uninterrupted electricity.

The jewel of Olyfhoek is the magnificent three-story main house, crafted for luxurious living and seamless entertainment. Seven opulent en-suite bedrooms, three of which are full flats, and a versatile open-plan studio with a kitchen and bathroom on the top floor. The house also features two inviting living rooms, a bar area, and a well-appointed double kitchen with a separate scullery and laundry. Direct access to two double garages enhances convenience.
Outside, a rim-flow swimming pool beckons for relaxation, offering panoramic views of the surrounding farms and mountains. The home showcases an array of exquisite woods, including Yellowwood (stairs), Mahogany (floors & front door), Balau (deck & beams), Meranti (handrails), Poplar & Gum (beams), Kiaat (doors upstairs), Rosewood (doors downstairs), and Leadwood (bar).

The allure of Olyfhoek extends beyond the main house. Additional accommodations include two one-bedroom flatlets beneath the main house, ideal for guests or rental income. The farm shed presents further opportunities, featuring a three-bedroom duplex on one end and a two-bedroom duplex on the other, providing ample space for extended family or additional rental prospects. These units, along with the olive orchard, generate a steady income with minimal maintenance costs.

With its prime location, luxurious amenities, and income-generating potential, Olyfhoek offers a multitude of possibilities, such as operating a guesthouse, a wedding venue, or an olive farm, while providing a spacious and comfortable family home. Seize the opportunity to own this extraordinary slice of Boland paradise.

Features

7
7.5
4
Pets Allowed
Yes
Interior
Bedrooms
7
Bathrooms
7.5
Kitchens
1
Reception Rooms
3
Studies
0.5
Exterior
Garages
4
Carports / Parkings
9
Security
Yes
Flatlet
7
Domestic Accommodation
1
Pool
Yes
Views
Yes
Sizes
Floor Size
1,250m²
Land Size
6m²
 
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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:

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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

210,619.85

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