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Income generating Smallholding for sale
R 6,750,000
Can I afford this?8 Photo(s)
6 months ago68 views
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General Details
Location:
For Sale By:Agency
Description
These properties do not come on the market often. The property consists of a huge portion of vacant land that can easily be developed into housing units or used for agricultural purposes.
There are 5 living units on the smallholding as well as a huge workshop that could easily be converted into a mini factory. 380V Power supply with a 100A breaker supplies the smallholding. Municipal water as well as borehole water is available on the premises.
The property can easily generate an income of more than R55,000.00/month by lease income, making this a very attractive investment opportunity.
Contact the agent for more information as well as an appointment to view the property
Property Reference #: PTR113
Agent Details:
Ronald Van Der Walt
PropertyTime
Kempton Park
There are 5 living units on the smallholding as well as a huge workshop that could easily be converted into a mini factory. 380V Power supply with a 100A breaker supplies the smallholding. Municipal water as well as borehole water is available on the premises.
The property can easily generate an income of more than R55,000.00/month by lease income, making this a very attractive investment opportunity.
Contact the agent for more information as well as an appointment to view the property
Property Reference #: PTR113
Agent Details:
Ronald Van Der Walt
PropertyTime
Kempton Park
Id Subtitle 1243514158
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Estimated monthly repaymentR 73,151
Total property loan amountR 6,750,000
Total interestR 10,806,055
Total repaymentR 17,556,055
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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Selling for 3+ years
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