Property Details
This exceptional property for sale is located in the serene area of Myngenoegen, just 7.6 km from the R71 traffic circle, with only 3.2 km on a gravel road. Ideally situated, it offers convenient access to major routes including the N1, R71, and R81, as well as proximity to essential amenities such as the CBD, hospitals, schools, and the popular Savannah Mall, only 11.1 km away. The property was originally part of a larger farm that has since been subdivided, and this specific portion measures a generous 2.2807 hectares.
The land is fenced on three sides with secure electric fencing, and it is connected to Eskom electricity and a registered water scheme, ensuring reliable utility access. Nestled within a classic bushveld setting with mature acacia trees, the property exudes a peaceful, natural atmosphere perfect for relaxed living or investment purposes.
Improvements on the property include four well-designed two-bedroom townhouses, each measuring 127 square meters, single garages and one large carport. These homes feature built-in wardrobes, an open-plan kitchen and living area with beautiful, exposed roof beams, and a bathroom that includes a bath, shower, and basin, with a separate toilet for added convenience. Each unit is individually fenced with its own private entrance, providing a sense of privacy and independence for tenants. The cemented floors and rustic design blend seamlessly with the bushveld surroundings.
With a strong rental income potential of approximately R7,500 per unit, this property presents an excellent opportunity for investors or those seeking a lifestyle estate with income-generating capacity. The units are currently fully occupied.
They neighbouring property is for sale as well. Ask me about the option to purchase both.