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2Ha Farm For Sale in Waterval East
R 26,437,500
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10 months ago69 views
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General Details
Location:
For Sale By:Agency
Description
Located opposite Waterfall Mall in Rustenburg, Northwest, this farm offers a prime investment opportunity. The property spans 2.14 hectares and currently generates an income of approximately R 100,000.00 per month from rental units.
The farm features three houses and eight flatlets, providing multiple residential units for tenants. Additionally, there is a truck yard and a nursery on the property, offering further income-generating potential.
Water supply is ensured by a cement dam and two boreholes, one of which is equipped. The property is equipped with 7700-liter water tanks for storage. The farm is securely fenced with precast walls, providing privacy and security.
For storage or workshop needs, there is a large store/workshop building and four lock-up garages available. These versatile spaces can be used for various purposes, catering to the needs of different businesses.
The property's rezoning process from agricultural to residential is already underway, indicating its potential for development. The expanding town development towards Olifantsnek Dam further adds to the growth prospects of this property.
Overall, this farm presents a compelling opportunity for developers and investors alike, with endless possibilities for income generation and expansion in a rapidly developing area.
Only pre-qualified / cash buyers or developers will have the opportunity to view this unique property.
Has Pool
Property Reference #: RST-RS01095
Agent Details:
Jerry Bezuidenhout
Century21
261 Beyers Naude Drive
Rustenburg
0300
The farm features three houses and eight flatlets, providing multiple residential units for tenants. Additionally, there is a truck yard and a nursery on the property, offering further income-generating potential.
Water supply is ensured by a cement dam and two boreholes, one of which is equipped. The property is equipped with 7700-liter water tanks for storage. The farm is securely fenced with precast walls, providing privacy and security.
For storage or workshop needs, there is a large store/workshop building and four lock-up garages available. These versatile spaces can be used for various purposes, catering to the needs of different businesses.
The property's rezoning process from agricultural to residential is already underway, indicating its potential for development. The expanding town development towards Olifantsnek Dam further adds to the growth prospects of this property.
Overall, this farm presents a compelling opportunity for developers and investors alike, with endless possibilities for income generation and expansion in a rapidly developing area.
Only pre-qualified / cash buyers or developers will have the opportunity to view this unique property.
Has Pool
Property Reference #: RST-RS01095
Agent Details:
Jerry Bezuidenhout
Century21
261 Beyers Naude Drive
Rustenburg
0300
Id Subtitle 1213350928
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Estimated monthly repaymentR 286,506
Total property loan amountR 26,437,500
Total interestR 42,323,714
Total repaymentR 68,761,214
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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Century21
Selling for 3+ years
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