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3.6 Ha Smallholding farm ,neat and well maintained with rental income from 4 apartment units
R 2,580,000
Can I afford this?
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General Details
Location:
For Sale By:Agency
Description
The farm is situated 6km from l'langa Mall, with a total of 3.6 Ha that includes mango ,maccadamia trees and 4 apartment units. Secured all around with electric fence, water supply from the crocodile river, a borehole and also includes a purification system. A portion of the farm can be utilize for wedding events, small stock, poultry, vegetable and citrus farming, the farm has a lot of potential for future development.
The 4 apartment units include:
1. 4xbed and 2bath
2. 2Xbed and 1xbath
3.1xbed and 1xbath
4.1x bachelor unit
All units include open plan kitchen a dining area and a lounge , braaiing area, gas stove and gas geyser , patio, small garden, prepaid water and electricity meter, parking bays and access to a laundry room.
Rental income of R 22 000 monthly after all expenses . This property wont last long on the market, bargain deal priced to go !!!!!
Property Reference #: 1797
Agent Details:
Mthunzi Ephraim Nkosi
Okandivi Properties
Lydenburg, Mpumalanga
Lydenburg
The 4 apartment units include:
1. 4xbed and 2bath
2. 2Xbed and 1xbath
3.1xbed and 1xbath
4.1x bachelor unit
All units include open plan kitchen a dining area and a lounge , braaiing area, gas stove and gas geyser , patio, small garden, prepaid water and electricity meter, parking bays and access to a laundry room.
Rental income of R 22 000 monthly after all expenses . This property wont last long on the market, bargain deal priced to go !!!!!
Property Reference #: 1797
Agent Details:
Mthunzi Ephraim Nkosi
Okandivi Properties
Lydenburg, Mpumalanga
Lydenburg
Id Subtitle 1232456225
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Estimated monthly repaymentR 27,960
Total property loan amountR 2,580,000
Total interestR 4,130,315
Total repaymentR 6,710,315
Interest rate at 11.75% for 20 years *
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Okandivi Properties
Selling for 7+ years
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