Someone beat you to it!

Unfortunately, another Gumtree user is in the process of purchasing this item. Check back later in case they've changed their mind, or click the button below to browse more Pay & Ship listings.

PRODUCTIVE 241 HA MIXED FARMING FARM LOCATED JUST 5 KM OUTSIDE MOKOPANE, LIMPOPO ENROUTE TO POLOK...

R 12,500,000

Can I afford this?
3 months ago405 views
Ad Saved to My List
View and manage your saved ads in your account.
Report Ad
General Details
For Sale By:Agency
Dwelling Type:Farm
Bedrooms (#):3
Bathrooms (#):3
Parking:Garage
Description
Introducing a rare opportunity for investors - a productive 241 Ha mixed farming farm located just 5 km outside Mokopane, Limpopo enroute to Polokwane. This expansive property consists of 2 portions and is an ideal investment for retirees, entrepreneurs, or anyone seeking a diverse income-generating venture. The farm is fully game fenced as one entity with 13 inner camps for added convenience.

Nestled in the heart of fertile lands, this farm boasts a range of mixed farming activities that currently generate income. A key revenue source is the strategic partnership with Eggbert Eggs, offering a steady income through a lease agreement for carefully designed cages. The lease features a CPI Index escalation, ensuring a reliable source of revenue. Buyers have the option to continue the rental agreement or await the completion of the current cage cycle before making changes.

The primary income stream from the Eggbert Eggs lease provides a monthly income, details available upon request (excluding power costs). The operational team consists of only 2 supervisors who reside in dedicated workers' quarters on the farm.

In addition to the egg lease, the property features a 3-star SA Tourism Graded Lodge with 7 units and a swimming pool. Five units are currently leased to Safety officers of Mogolakwena mine, while the remaining 2 units are open for weekly clients whose companies cover accommodation expenses.

It's worth noting that Eggbert Eggs not only rents the designated area but also handles equipment maintenance, ensuring hassle-free management of chicken houses, feed silos, nest boxes, tanks, feed troughs, foot baths, and more.

Moreover, the farm presents opportunities for game breeding, hunting, and game drives with permits already in place for 7 species of game. Additionally, there are 5100 m3 net-covered tunnels suitable for vegetable farming or feedlot netting purposes.

The main house on the property offers 3 bedrooms, 2 bathrooms, a laundry room, office, living room, dining room, kitchen, 4 garages, 2 shadenet parking bays, and 6 air conditioners. A granny flat with open-plan living and bedroom area, kitchen, bathroom, and one air conditioner is also included. The entertainment area features a 105 m3 closed build with a thatched roof, braai area, bar, jacuzzi, and air conditioner, complemented by a swimming pool.

All farm improvements are meticulously maintained with ample stores and storage facilities. The property benefits from a reliable water supply with 250,000 liters of storage available and is registered in a VAT entity.

To ensure focused inquiries only, prior proof of available funds is required for visitation. Please note that no Landbank or IDC offers will be considered.

Seize this exceptional investment opportunity and contact us today for more information or to schedule a viewing.

# Parking: 4
Has Pool
Has Garden
Property Reference #: 2258769

Agent Details:
Ronnie & Elaine Smyth
Karis Properties
482 Oz St
Faerie Glen
Pretoria
0081
Constantia Park
181
Id Subtitle 1283168278
View More
Property Loan Calculator
Purchase price
R
Deposit amount
R
Interest rate
%
No. of years
5
10
15
20
25
30
RECALCULATE
Estimated monthly repaymentR 135,464
Total property loan amountR 12,500,000
Total interestR 20,011,212
Total repaymentR 32,511,212
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.
RECALCULATE
Karis Properties
Selling for 6+ years
Total Ads633
Active Ads633
Professional Seller
Seller stats
633Total Ads
1.73MTotal Views
Contact Karis Properties
Message
(3946)
Name
(Optional)
Email Address
(Optional)
Phone
(Required)
Send Message
By clicking "Send" you accept the Terms & Conditions and Privacy Notice and agree to receive newsletters and promo offers from us.