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DESIGN YOUR OWN MILTIFARIOUS DUBBELSTORY HOUSE. STRONG WATER. LARGE WOKSHOP. VIEW TO PLAN.

R 3,600,000

Can I afford this?
8 months ago235 views
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General Details
For Sale By:Agency
Dwelling Type:Farm
Bedrooms (#):6+
Bathrooms (#):4+
Parking:Garage
Description
T**Exceptional Investment Opportunity in Prime Bloemfontein Location**

Discover the potential of this expansive smallholding situated in one of Bloemfontein's most sought-after areas. This property offers a unique blend of residential, agricultural, and business opportunities, making it an ideal investment for those with a vision for transformation and development.

**Land and Facilities:**

The property boasts two strong, equipped boreholes, previously used to support vegetable farming and sheep rearing. The land, which will receive a thorough cleanup by the owner, is ripe for agricultural pursuits or further development. Additionally, the plot features an extensive array of garages: a 28x8 meter, an 8x8 meter, a 12x8 meter, and an 8x6 meter garage, alongside another facility previously used for wood drying. These spaces offer tremendous versatility and could serve as workshops, storage facilities, or be converted into up to eight flats. Alternatively, they are perfectly suited for poultry farming, capable of housing 10,000 broilers.

**Residential and Commercial Potential:**

At the heart of the property lies a double-story house with endless potential. With its large rooms, the house can be transformed into four separate housing units, making it ideal for a student house, hostel, or boarding house. The residence includes eight bedrooms, five sitting/dining rooms, three kitchens, and four bathrooms. While the house requires renovation, these upgrades will significantly enhance its value and income-generating potential.

**Additional Features:**

- A large swimming pool that offers leisure opportunities but requires attention.
- An under-roof cement dam with a main water line extending to the plot's end.
- Business rights are included, with part of the property having been used commercially as a shop.
- Two three-phase municipal electricity connections ensure reliable power supply.
- The property is enclosed by sturdy fencing and is situated in a strong, supportive neighborhood.

Located only 16 km from the city center, this property offers both the tranquility of rural living and the convenience of proximity to urban amenities. Whether you are looking to invest in agriculture, residential development, or commercial ventures, this property presents an outstanding opportunity to create significant value.

If you are ready to embark on a transformational journey and capitalize on this property's vast potential, arrange a viewing today to explore the myriad of possibilities that await.

# Parking: 4
Has Garden
Property Reference #: 2371327

Agent Details:
Neels Kramer
@ Home Property Group SA (PTY) LTD
06 Norton street
Fichardtpark
Bloemfontein
9301

Id Subtitle 1317523572
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Estimated monthly repaymentR 36,549
Total property loan amountR 3,600,000
Total interestR 5,171,579
Total repaymentR 8,771,579
Interest rate at 10.75% 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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Home Property Group SA (PTY) LTD
Selling for 3+ years
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