Property Details
Exceptional Investment Opportunity – Income-Generating Property
This remarkable 8.56-hectare property, located just 12 km north of Polokwane, offers an incredible monthly income of R95,000, making it a prime investment opportunity.
The property boasts a stunning 4-bedroom main house with a beautifully designed, spacious kitchen, an open-plan lounge and dining area, a study, a scullery, laundry, and a walk-in pantry. The lovely stoep, complete with a built-in braai, overlooks the sparkling pool and landscaped garden, providing the perfect space to unwind.
In addition to the main house, the property features:
House 2: A 2-bedroom home with a large lounge and dining area, ample built-in cupboards, a bathroom, and a double carport.
House 3: A 3-bedroom home with a kitchen, open-plan lounge and dining area, a bathroom, one double carport, and a shade-net carport.
8 x 3-Bedroom Homes: Each unit includes a spacious bathroom, kitchen, lounge, prepaid electricity meters, and free water. Each has a double carport with a storeroom.
Additional infrastructure includes 2 laborer rooms, 2 extra storerooms, and 4 x 15 sqm steel sheds.
The property is well-equipped with 3 boreholes, delivering water capacities of 2000L/h, 4500L/h, and one with untested but very high output. A 5-hectare irrigation field is currently planted with lucerne, providing additional steady income. Irrigation is supported by a ground dam, a cement dam, and 2 suction pumps.
The entire property is securely enclosed by a game fence, ensuring privacy and safety. Whether you're looking to invest or expand your portfolio, this is a rare opportunity to own a piece of paradise that generates consistent returns.
The selling price of R13 650 000 EXCL VAT. The property can be sold as a going consern at a zero percent VAT rate.