This beautiful 4,99 ha Plot has a River Front, 2 Houses and 2 Flats and is situated in a safe and secure area with a high market value.
There are Automated Gates with Electric Fences around the Houses
The Main House is a Double Storey Thatch Roof House with 4 Bedrooms, 2 Bathrooms, Study, Open Plan Kitchen/Living Area, large Open Plan Entertainment Area, Boma, Lapa with a built in Braai and 3 Garages. It has a rental income of R 13 900.00 per month and the Tenants have been renting for the past 3 years and have never defaulted on a payment.
The second House has 4 Bedrooms, 2 Bathrooms, Kitchen, Living Area, Verandah, Braai Area with a River Front. There are also a Cement Dam and a Duck Dam. The Owner occupies this House, but it can bring in a rental income of R 10 000 per month
There are 2 Flats. The one is a 1 Bedroom Flat with all amenities and the second one is a Bachelors Flat.
The 1 Bedroom Flat has a rental income of R 3 900.00 per month and the Bachelor Flat has a rental income of R 1 500.00 per month(but it is the owners brother staying there and can easily bring in a rental income of R 3500 rental after it's being completed).
The Houses are 300 m apart and have Electrical Gates and Fences
The property offers 2 Boreholes with strong water and the sprinkler system pumps water out of the river.
The property has 3 phase power. And the power setup is VERY cost effective…
In 7 years there has not been one incident of theft or crime on the property.
This would be a sound investment, especially with the additional rental income generated
There is also the possibility to sub divide the land into 1 ha Plots, keep a 1 ha Plot and sell the remainder at R 900 000 per ha excluding the houses built on the land.
This is a once in a lifetime opportunity, don't hesitate contact us today!!!