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Banners Rest, Port Edward, KwaZulu-Natal ID 292601
Farm/smallholding
10.0
10
24000m2
Small holding property next to the high way route. It is 5 minutes away from Port Edward grocery stores and 10 minutes away from the beach. The yard is 24 000 square meters (2.5 hectares). It has 3 buildings. One building is a licensed bar that pays a monthly rental of R10 000. The second building is a 10 room apartment; within each room there's one bedroom, one bathroom and a kitchen. When fully occupied by tenants it would pay a total of R25 000 per month. The third building is a shed. There is also a container that's rented by a tenant that supplies braai wood and charcoal. The monthly rental income from the container is R5000. This property will allow for one to develop and build other structures in the vacant land.
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