8 Hectare Farm For Sale And Investment Opportunity in Rustenurg

R 3,985,000

Can I afford this?
2 years ago797 views
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General Details
For Sale By:Agency
Description
8 Hectare Farm For Sale And Investment Opportunity in Rustenurg. The property is located in the Oorzaak area, Roughly 18km from the Rustenburg city centre and situated less than an hour from both Pretoria and Johannesburg. Just a stone's throw from the world-renowned Sun City and is the ideal base from where you can explore the wealth of tourist attractions in the area. This is a one of a kind property which generates a great income if correctly managed, and offers you the following:

Property includes:

8 Hectare

2 x Borehole (+- 10 000L p/h respectively)

1 x 10 000lt storage tank

1 x 5 000lt storage tank

1 x 30kVA Standby Generator

2 x Houses

1 x Thatched House

2 x Thatched Chalets

1 x Entertainment and venue area

Key features of the property Includes;

House 1 (est.202m2)

- 5 Bedrooms

- 2 Bathrooms

- 2 Kitchen

- Living and Entertainment Area

- Storage Units

- Large store Room

- Workshop

- CCTV Cameras

- Alarmed

- Electric Fenced

House 2 (est.170m2)

- 4 Bedrooms

- 2 Bathrooms

- Open plan kitchen and living area

- Pantry / Washing room

- Store Room

- CCTV Cameras

- Alarmed

- Electric Fenced

Thatched House

- 2 Bedrooms

- 1 Bathrooms

- Open plan kitchen and living area

- Store Room

- CCTV Cameras

- Alarmed

- Electric Fenced

2 x Thatched Chalets

- 1 Bedrooms

- 1 Bathrooms

- Open plan kitchen and living area

- Electric Fenced

Chapel / conference area

- Water fountains

- Ample parking area

- Seating for estimate 120 people

Thatched Entertainment and Function area

- Ablution and Restrooms

- Swimming Pool

- Entertainment stages

- Pool table

- BBQ areas

- Kids play area

- Camping area

- Open Kitchenette

- Ground level has large entertainment area, with seating and bar ( with registered liquor license)

- 2nd floor has a kitchen and eating area

- 3rd floor has a private lounge.

- CCTV Cameras

- Alarmed

- Electric Fenced
Everything used for the service of the business is can be negotiated for. Please Hurry For This,

Has Pool
Property Reference #: RL3515

Agent Details:
Michael Mkhabele
Recoin Properties
6 Old Pretoria RoadHalfway houseMidrand1618
P O Box5193
Midrand
Midrand 1685

Monday to Friday 08h00 to 16h30
Saturdays 08h00 to 14h00
Id Subtitle 937917784
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Estimated monthly repaymentR 43,186
Total property loan amountR 3,985,000
Total interestR 6,379,575
Total repaymentR 10,364,575
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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