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Balgowan, Balgowan, Howick, KwaZulu-Natal
R 3 000 000
Vacant Land For Sale in Balgowan, Howick, KwaZulu Natal Large sized North facing stand in Annandale Country EstateThis north facing 5468 m2 stand, offering panoramic countryside views of the Balgowan Valley, is situated in Annandale Country Estate, another prime development undertaken by the highly successful Collins Residential Property Group.Situated adjacent to Michaelhouse School, just off the R103, Annandale Country Estate is secure 14-hectare estate located in the Balgowan Valley of the KwaZulu-Natal Midlands comprising 12 exclusive sites ranging in size from 3,592m2 to 6,487m2.Located on farmland, with a history dating from 1899, an existing Farmhouse and Dairy form the heart of the estate. Inspiration drawn from the character of the existing 130-year-old farmhouse formed the basis of the Architectural Language - being single storey contemporary farm style homes with planted courtyards and large verandas.A value add is that a second dwelling such as a garden cottageguest suitegranny flat can also be incorporated on the site, as well as staff accommodation which must include a kitchenette and a bathroom.In time the farmhouse which will be renovated into a guesthouse and communal facilities will include: The Dairy, a 100 year old stone structure that will be restored and utilized as a communal gathering place with a chicken coop, boma and firepit, as well as a herb and vegetable garden The Shed, which will be a picnic area and there will be walking paths through the estate connecting to the Balgowan Conservancy Michaelhouse Nature Reserve.Pets are welcome on the estate, with the exception of cats and livestock, and both short and long-term letting will be permitted within the estate, giving investors and homeowners a ROI. The prime location of the estate means it is only a 10-minute drive from Nottingham Road, Piggly Wiggly, and Bosch Hoek Golf Course, as well as being close to the popular attractions of the Midlands Meander making it very attractive for short term rentals.A unique feature of the estate is that 2 of all resale income goes to the Michaelhouse Bursary Endowment Trust. Show more Show less
Estimated monthly repayment
R 28 330
on a R 2 700 000 bond over 20 years at 11.25%
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Balgowan, Balgowan, Howick, KwaZulu-Natal
Area view — the exact address is shared on enquiry.
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