Property Details
Welcome to this 8.5-hectare smallholding at the foot of the Magalies Mountains. This property features a cluster of seven rental units, perfect for generating extra income.
Rental Units:
• Unit 1: 1 bedroom, 1 bathroom, kitchenette.
• Unit 2: 1 bedroom, 1 bathroom, kitchenette.
• Unit 3: 2 bedrooms, 2 bathrooms, open plan lounge and kitchen.
• Units 4 and 5: Each has 2 bedrooms, 1-bathroom, open plan lounge, and kitchen.
• Unit 6: 3 bedrooms, 1-bathroom, open plan lounge and kitchen.
• Unit 7: 4 bedrooms, 2 bathrooms, open plan lounge and kitchen.
The rental units bring in approximately R24,000 per month. Three of the units are equipped with air conditioning, and all have prepaid electricity.
Main House:
• 4 bedrooms
• 2 bathrooms
• Dining room
• Lounge
• Kitchen
• Patio
• 2 air conditioners
There is a storeroom divided into four separate rooms, three lock-up garages, and four boreholes (one in use, providing approximately 5000 Liters per hour). Additionally, there is a large reservoir (300m³).
An added bonus is the 3000 citrus trees (Oranges and Novas), which provide an extra income of approximately R380,000 per year.
This property presents an excellent opportunity for generating extra income. Don't miss out on this fantastic opportunity. Call me today for a private viewing!
NOTE: VAT EXCLUDING SELLING PRICE.