3 Bedroom Property for Sale in Peacevale R5 500 000. 15 Apr 2025

Property features

R5 500 000
3 Bedrooms
1.0 Bathrooms
1 Living Room/s
Garage for 5 car/s
Outside Parking for 2 car/s
Rates R574 pm
Garden

Property Details

Discover an exceptional investment or lifestyle transformation opportunity with this expansive 13-hectare working farm, ideally situated in the tranquil Peacevale area, a stone's throw from Hillcrest. Located at Road 400419, Drummond, Peacevale, this property offers the perfect blend of rural serenity and convenient access to urban amenities. Enjoy the peace and quiet of the countryside while being within easy reach of excellent Private Schools, Private Hospitals, and superb shopping centers. Furthermore, its strategic location provides excellent accessibility to the N3 National Highway, connecting you effortlessly to Durban and Pietermarizburg. This consolidated property, encompassing ERFs 425/38, 469/425, and 470/425, presents a unique chance to generate immediate income and explore future potential. Property Highlights: Expansive Land: A generous 13 hectares of fertile land, currently leased for agricultural use, providing an immediate return on investment. Multiple Dwellings: The property features a substantial double-story main house along with 2 charming cottages, all currently tenanted on a month-to-month basis, ensuring consistent rental income. Strategic Location: Situated just outside Hillcrest in the desirable Peacevale area, offering a peaceful rural setting without sacrificing accessibility to essential services and leisure activities. Excellent Connectivity: Benefit from superb access to the N3 National Highway, making commuting to Durban and other key areas incredibly convenient. Zoning: Classified under Land Use – Management Holding Area, offering flexibility for various potential uses and future development considerations. Income-Generating: The existing agricultural lease and fully tenanted residential units provide multiple and immediate revenue streams. Whether you are looking to expand your agricultural portfolio, capitalize on a robust rental market, or envision a future lifestyle change in a picturesque yet accessible location, this working farm in Peacevale presents a compelling opportunity. Don't miss out on this chance to secure a valuable piece of KwaZulu-Natal's countryside. Contact us today to schedule a viewing or to request further information! Viewing by appoint to pre-qualified buyers only.