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Small Holding for sale in Randfontein
R 2,200,000
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General Details
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For Sale By:Agency
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Description
NOT TO BE MISSED: this small holding property has a great potential of paying itself within 8 years. It has one hundred and five (105) pecan nut small trees, which will be yielding fruit in the next five years and has a potential of producing the minimum yields of around 2,500 kilogram per hectare. An estimated cost price of 1 kg of pecan nut is R70. This will gives an estimated annual income of R175,000. to R200,000 from the 5th year.
The property has two gates: one for the tenants and one for the garden. It also has two functioning boreholes; four houses and two cottages; vegetable garden and orchard. One borehole uses solar system and the other one electricity. There is a drip irrigation (system) for every tree. The cottages are used by the workers and the four houses are being rented out: they generates the monthly income of R20,000 per month. All houses including cottages have solar geysers. All tenants have pre-paid electricity meters. Their monthly electricity consumption is about R2,800. Total monthly rates and taxes including electricity per month is R,3,200, of which R2,800 is paid by the tenants.
We also do home loan pre-approvals and applications. Talk to us, Let us serve you.
Rates And Taxes: 450
Property Reference #: jww3nbb
Agent Details:
William Masebe
eXp Realty - Steven Johnstone Group
1 Apple Street
Kenilworth
Cape Town
7708
The property has two gates: one for the tenants and one for the garden. It also has two functioning boreholes; four houses and two cottages; vegetable garden and orchard. One borehole uses solar system and the other one electricity. There is a drip irrigation (system) for every tree. The cottages are used by the workers and the four houses are being rented out: they generates the monthly income of R20,000 per month. All houses including cottages have solar geysers. All tenants have pre-paid electricity meters. Their monthly electricity consumption is about R2,800. Total monthly rates and taxes including electricity per month is R,3,200, of which R2,800 is paid by the tenants.
We also do home loan pre-approvals and applications. Talk to us, Let us serve you.
Rates And Taxes: 450
Property Reference #: jww3nbb
Agent Details:
William Masebe
eXp Realty - Steven Johnstone Group
1 Apple Street
Kenilworth
Cape Town
7708
Id Subtitle 1261960105
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Estimated monthly repaymentR 23,842
Total property loan amountR 2,200,000
Total interestR 3,521,974
Total repaymentR 5,721,974
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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eXp Realty - Steven Johnstone Group
Selling for 2+ years
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