Property Details
Want to live close to town but have space to farm at your hearts content, PLUS earn a handsome rental income??
Although this property is still Zoned as Agricultural land, there are 15 units of which 13 are currently being rented out, on the farm and currently generating close to R80k per month.
The farm is located only 11km from Central Polokwane. The reason for selling: The owners are retired and looking to scale down.
CURRENT RENTABLE INCOME:
There a total of 15 face brick houses, of which 13 are rented out and currently yield a monthly
income of about R78 000 pm. The dwellings consist of:
* 6 x 3-Bedroom, 1 ½ -Bathroom with open plan kitchen and living room, scullery and single lockable garage.
* 3 x 3-Bedroom, 2-Bathroom with open plan kitchen and living room, scullery and single lockable garage.
* 1 x 4-Bedroom, 2-Bathroom with open plan kitchen, dining and living room, scullery and lockable double garage, veranda, office.
* 2 x 4-Bedroom, 2-Bathroom with open plan kitchen and living room, single lockable garage.
* 1 x Double storey 3-Bedroom, 2 1/2 -Bathroom, office, dining room, open plan kitchen and living room, gas stove, pantry, 3 car garage (open) and large veranda. This house has a wall around.
* 1 x 2-Bedroom, 2-Bathroom with very spacious open plan dining and lounge, beautiful kitchen with granite tops and gas stove, eye level oven, large scullery/laundry, air-conditioning, closed veranda, double garage (open), loads of built in cupboards for storage. This house has a wall around the whole property.
* 1 x 3-Bedroom, 2-Bathroom, open plan kitchen and dining, living room, veranda.
* All homes have built-in cupboards, pre-paid electricity. 3 of the houses have solar geysers. 14 have tiled roofs and 1 has a tin roof.
* There are ample staff accommodation, two strong boreholes, water tanks and pressure pumps
supplying all the water to the dwellings.
FARMING:
* The land is very fertile, covers 2 thirds of the property and used to produced butternut, peppers, cabbage, broccoli, cauliflower, baby marrows and herbs.
* Cement dam that can hold water to irrigate 5ha.
* OTHER: 5.5KW Inverter installed in the owners' home worth R44k included in the sales price.
Only Cash buyers buyers will be considered.
PLEASE NOTE: THE LAND HAS NOT BEEN REZONED TO RESIDENTIAL.