24ha with rental income and strong water. Close to town.

R 10,750,000

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2 years ago684 views
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General Details
For Sale By:Agency
Description
A super piece of land 6kms from town. Close to the tar road located in a potentially high density area earmarked for development. Currently the land is agricultural and has approximately 8-10ha of arable land. The water is supplied by borehole and also a strong cement dam is built to supply irrigation to land which used to be used for orchards many years ago. Land is terraced and relatively tree free. Another 2 smaller dams are also on the property and also provide water to the property.
The main house is a big farm house and is supported by 4 rental incomes from cottages and houses on the property. There are a few storerooms and staff quarters.
Property borders on the small river which is perennial and feeds to the 3 dams. Beautiful mountains shelter the land and allow for views and tranquil lifestyle.
Land can be developed, plans for a retirement village were drawn up some years ago. It is also suitable to be irrigated so cash crops or trees could be planted. Excellent for grazing on small scale livestock or poultry, pigs or bees.

Has Pool
Property Reference #: RL1046

Agent Details:
Lucille van Oene
Fourz Lowveld Properties (Pty) Ltd
Office 203
29@ Marloth
29 Marloth Street
Nelspruit
1200

Id Subtitle 940011893
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Estimated monthly repaymentR 116,499
Total property loan amountR 10,750,000
Total interestR 17,209,643
Total repaymentR 27,959,643
Interest rate at 11.75% for 20 years *
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Fourz Lowveld Properties (Pty) Ltd
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