Sale
South Africa

5

Beds

3

Baths

7,675 m²

Floor area

7,674,800 m²

Stand size

Farm 5 beds 3 baths 7,675 m²

About this property

Farm 244 'KRAGGA KRAAL' Portion 0 and Farm 243 'NAROO' Portion 1. Large agricultural property comprising 767.48 hectares (7675 m² as listed). Working cattle, sheep, wheat and game farm with 14 dams on the property. Water rights from the Overberg Water Scheme. 130.8 ha arable land with 40 ha planted with oats. 460 ha wild camp. Property includes two houses: House One with 3 bedrooms, 2 bathrooms, kitchen, dining room and lounge; House Two with 2 bedrooms, 1 bathroom, kitchen, dining room and lounge. Additional structures include large barn and milking parlour (not currently workable). Located 280 km from Cape Town on the N2 highway within the Hessequa region, marking the start of the Garden Route. Rates approximately R2838 pm. Seller is VAT registered. The highest bidder has first right on making offers for the livestock and equipment. Sale subject to confirmation by parties involved. Viewing by appointment only.

Rooms & layout

Bedroom × 5
Bathroom × 3
Kitchen
Dining Room
Lounge
Room × 2

Features & amenities

farmcattlesheepwheatgame farmdamswater rightsarable landbarntwo houses

Price & ownership

Asking price R 19 500 000
Price per m² R 2 541
Municipal valuation -

Cost to buy (indicative)

Purchase type is not confirmed below. Transfer duty is estimated for a standard resale (not a VAT-inclusive developer or vendor sale). Check with the agent.

Upfront split

Property price R 19,5M
Taxes + legal + admin fees R 2,2M

Rough split: 89.8% purchase price, 10.2% buying costs.

  • Asking price R 19 500 000
  • Transfer duty (est.) R 2 046 156
  • Deeds Office (transfer) R 7 751
  • Conveyancing (est., incl. VAT) R 162 369
  • Deeds lodgement R 52
  • Total indicative R 21 716 328

Estimates from SARS transfer duty tables, Deeds Office–style fees, and LSSA conveyancing guidelines. Not financial or legal advice — confirm with your attorney. Duty uses the higher of price or market value.

Table ref: sars_2025-04-01

Bond Calculator

R 184 144 /month

Total paid over 20 years (deposit + repayments): R 46 144 663

Deposit 10% · R 1 950 000
Loan term 20 years
5 yr 30 yr
Interest rate 11.25% p.a.
5% Prime ~11.25% 20%

Monthly repayment vs interest rate (deposit fixed at 10%)

Monthly repayment vs deposit percentage (rate fixed at 11.25%)

Indicative estimate only. Loan of R 17 550 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.