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UNIQUE RIVERFRONT PROPERTY WITH STABEL INCOME.CHECK IT OUT
R 3,240,000
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General Details
Description
Welcome to this incredible opportunity offering a total of 25 riverfront plots with immense potential. Currently, 17 plots are rented out for R9317,00 per plot per year, providing a stable income stream. Additionally, there are 8 vacant plots awaiting development, allowing for further income generation or personal use.
The property features two houses, with one currently rented out for R5000 per month, providing additional rental income. There is also a brick dam, two boreholes, and a small shop rented for R4100 per month on-site. Situated near Maselspoort, this property is conveniently located and offers great potential for development, such as transforming it into a holiday resort.
This versatile property can also be utilized for farming purposes, suitable for cattle, sheep, or goats. With plenty of grazing land available, the possibilities are endless. The location is quite busy, ensuring a steady flow of potential visitors or customers.
With a fixed annual income of R212589, this property presents an ideal opportunity for entrepreneurs and investors alike. Take advantage of the water rights directly from the river servitude, adding to the property's value and potential uses.
Don't miss out on this unique chance to own a property with such diverse opportunities for income generation and development. Contact us now to explore this property's full potential and make it your next successful venture.
Property Reference #: 2228542
Agent Details:
Neels Kramer
@ Home Property Group SA (PTY) LTD
06 Norton street
Fichardtpark
Bloemfontein
9301
The property features two houses, with one currently rented out for R5000 per month, providing additional rental income. There is also a brick dam, two boreholes, and a small shop rented for R4100 per month on-site. Situated near Maselspoort, this property is conveniently located and offers great potential for development, such as transforming it into a holiday resort.
This versatile property can also be utilized for farming purposes, suitable for cattle, sheep, or goats. With plenty of grazing land available, the possibilities are endless. The location is quite busy, ensuring a steady flow of potential visitors or customers.
With a fixed annual income of R212589, this property presents an ideal opportunity for entrepreneurs and investors alike. Take advantage of the water rights directly from the river servitude, adding to the property's value and potential uses.
Don't miss out on this unique chance to own a property with such diverse opportunities for income generation and development. Contact us now to explore this property's full potential and make it your next successful venture.
Property Reference #: 2228542
Agent Details:
Neels Kramer
@ Home Property Group SA (PTY) LTD
06 Norton street
Fichardtpark
Bloemfontein
9301
Id Subtitle 1274557845
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Estimated monthly repaymentR 35,113
Total property loan amountR 3,240,000
Total interestR 5,186,907
Total repaymentR 8,426,907
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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Home Property Group SA (PTY) LTD
Selling for 2+ years
Total Ads196
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