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Balgowan, Balgowan, Howick, KwaZulu-Natal
R 3 000 000
Located in Balgowan and adjacent to Michaelhouse School you will find Annandale Country Estate, a boutique residential estate. This farm property has been passed through three generations of the same family. The first having originally donated land to Michaelhouse to relocate the school back in 1899.Set on this historical farmland the estate overlooks the beautiful Balgowan Valley and offers an exciting opportunity to choose and own your exclusive stand to design and build your own midlands dream where second dwellings are allowed. All stands have a north facing aspect. Of the original 12 stands, there are 7 large remaining stands to choose from.The total property is 14 hectares 140 000m2 where half of the estate will be a green open space made up of wetlands, grasslands with walking trails and ponds.Both short and long-term letting will be permitted within the estate. Strict rules will apply to always ensure the comfort and safety of the residents. Pets are welcome with the exception of cats and livestock.2 of all resale income will be for the benefit of the Michaelhouse Bursary Endowment Trust.Features & FacilitiesControlled Access for residentstenants onlyCommunal space will initially feature a swimming pool, boma and a firepitThe farmhouse is available for short-term lettingWalking pathsA picnic areaRecycling & refuse collection area24 strand electric fencing on the perimeter with cameras and remote monitoringElectricity supply from Eskom Metering and billing to be carried out by the HOA appointed managing companyWater supply from a borehole and reservoir. Metering and billing to be carried out by the HOA appointed managing company.Rates to be billed by the Umngeni District MunicipalitySewer septic tanks and soakaways to be installed by homeownersSITE DESCRIPTIONS1 - 3924m2 Filled with beautiful old trees. With a wetland behind, looking down towards the Old Gates in front. This level stand has a north facing orientation.2 FARMHOUSE NOT FOR SALE - an existing 130-year old farmhouse which has been renovated into a charming guesthouse.3 - 5008m2 This flat and generous stand with established trees leads onto the grasslands and reedbed below.4 - 5469m2 is in the clearing overlooking the grassland and reedbed. The stand is flat, with northern views out towards the railway line.5 - 6069m2 If it is privacy youre looking for this stand is perfect for you. Located at the end of the cul-de-sac it is the largest stand which offers peace and quiet. Once an old eucalyptus plantation.6 4875m2 This elevated stand is at the end of the cul-de-sac. It offers views north up the Balgowan valley as far as Nottingham Road.7 SOLD8 SOLD9 SOLD10 SOLD11 - 4961m2 Has views of the rolling midlands hills in front. It is a large stand with north facing orientation.12 - 5713m2 Is nearest to the Nature Reserve. This is one of the bigger stands buffered by established pine trees to the west and open grasslands to the southMONTHLY LEVIESHomeowners Association Levy Estimate R4 500.00pm which covers:General maintenance and electricity to borehole and reservoir and their pumps,General maintenance to roads and fence lineSecurity camera monitoring, access control and armed responseRefuse collectionGeneral estate administration and cleaningLandscaping Levy - Estimate R3 750.00pm which coversMowing, pruning, trimming, weeding of private garden spaces and open spacesRemoval of alien invasive species in the open spacesFirebreaks on the grassland areasONCE OFFStabilisation Levy R50 000.00 due on transfer to the HOA to assist in maintaining the common property on the estate.No Transfer FeesThis is the perfect opportunity to build your own legacy. 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.
Listed by
Nomvula Kruger
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