Endicott, Springs, Gauteng ID 738324
Farm/smallholding
3.0
6
28422m2
The shops could easily be converted into 4 - 5 full flat lets for an income of between R5500 each. This profitable land & property has been successful for many years but in more recent years It boasted as a livestock & vegetable farm as well as 2 successful shops (It has the potential for 4 or 5 shops) and liquor store(which at that stage had a turnover of R3mil a year). The property has a borehole and pump with an optional second borehole (not sunk yet) The borehole needs a new power cable and control box. The other benefit is that the Vodacom tower brings in an additional R70 000 a year. A 700+ m² -+ under roof workshop section as well as a possible ( in need of repair) flat let. The main building has been a shop and also rented out the other shop spaces. The main building comes with a 4 x 5m walk in fridge there are additional items that perhaps could be bought over and above. The property has major potential with already built buildings and structures. Please note the first set of photos of when the farm was being utilized as a farm and when the shops were still running with the lower and last photos being more recent, as the sellers are downsizing. In a nutshell * Strategically situated close to major routes. About 2km from the R29 Springs-Devon, 2km from the R42 Nigel-Delmas and 3km from the N17 Secunda- Johannesburg. Less than an hour from Johannesburg. * Previously obtained approval for a filling station, should the new owner wish to venture in that direction. * very fertile soil and the whole holding is suitable for planting. Had success with leavy greens, garlic, strawberries, asparagus, maize and many more. * Tunnel for preparing of seedlings. * Property is fenced. * Beautiful open view. You can see as far as Heidelberg 's hills and at night you can even see Springs' lights. This allows for beautiful sunrises and sunsets.
Disruption Realty
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