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4 Houses, 2 Flats Residential/Business Farm for sale Nelspruit Kingstone Vale
R 7,900,000
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10 months ago136 views
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General Details
Location:
For Sale By:Agency
Description
This 1.6 Hectare smallholding is situated close to the University of Mpumalanga and Nelspruit, and is ideal for student accommodation, security companies, or farmers that need storage facilities for their harvested products, even for churches as the factory can be converted and you have housing facilities. The farm is registered in a company and is VAT registered, the purchase amount excludes VAT.
The smallholding is zoned for residential/business, and offers you the following:-
House 1 - Entrance Hall, Lounge, Dining/kitchen with scullery and laundry room, study, 4 bedrooms, 2 bathrooms (main en-suite), braai room with deck and pizza oven, 2 x storage rooms, 2 x double garages, 2 x outside rooms, floor size 286 sqm, rental income of R12 000 pm.
Flat 1 - bachelor flat with kitchen and bathroom, floor size 45 sqm, rental income of R4 000 pm
Flat 2 - Lounge/dining and kitchen, 1 bedroom and bathroom, floor size 69 sqm, rental income of R4 500 pm
House 2 - Patio, open floor plan lounge/dining room, kitchen, bathroom, 2 bedrooms, carport, floor size 143 sqm, rental income R6 200 pm
House 3 - Patio, open floor plan lounge/dining room and kitchen, study, 3 bedrooms, 2 bathrooms, carport, floor size 235 sqm, rental income of R9 600 pm
House 4 - Patio, open floor plan lounge/dining room and kitchen, 3 bedrooms, 2 bathrooms, carport, floor size 215 sqm, rental income of R8 500 pm
Factory, office, 5 x units (working areas), loading bay, outside toilet, 4 x storage, steel stores with spray booth, ablution block, carport, floor size 939.74 sqm, rental income of R34 140 pm
General - garden storage, generator room, communal swimming pool fenced with pump station, electric gate and fence around the farm
Water supply - a natural spring with a pump to pump water to the water tanks and a pressure pump for water supply to houses, also included is a water purification system. Unequipped borehole. Servitude canal water rights.
ONLY SERIOUS QUALIFIED BUYERS WILL BE CONSIDERED.
Has Pool
Property Reference #: RL544
Agent Details:
4: Greg Coetsee
Arkvest Properties
CLAREMONT
NELSPRUIT
1200
The smallholding is zoned for residential/business, and offers you the following:-
House 1 - Entrance Hall, Lounge, Dining/kitchen with scullery and laundry room, study, 4 bedrooms, 2 bathrooms (main en-suite), braai room with deck and pizza oven, 2 x storage rooms, 2 x double garages, 2 x outside rooms, floor size 286 sqm, rental income of R12 000 pm.
Flat 1 - bachelor flat with kitchen and bathroom, floor size 45 sqm, rental income of R4 000 pm
Flat 2 - Lounge/dining and kitchen, 1 bedroom and bathroom, floor size 69 sqm, rental income of R4 500 pm
House 2 - Patio, open floor plan lounge/dining room, kitchen, bathroom, 2 bedrooms, carport, floor size 143 sqm, rental income R6 200 pm
House 3 - Patio, open floor plan lounge/dining room and kitchen, study, 3 bedrooms, 2 bathrooms, carport, floor size 235 sqm, rental income of R9 600 pm
House 4 - Patio, open floor plan lounge/dining room and kitchen, 3 bedrooms, 2 bathrooms, carport, floor size 215 sqm, rental income of R8 500 pm
Factory, office, 5 x units (working areas), loading bay, outside toilet, 4 x storage, steel stores with spray booth, ablution block, carport, floor size 939.74 sqm, rental income of R34 140 pm
General - garden storage, generator room, communal swimming pool fenced with pump station, electric gate and fence around the farm
Water supply - a natural spring with a pump to pump water to the water tanks and a pressure pump for water supply to houses, also included is a water purification system. Unequipped borehole. Servitude canal water rights.
ONLY SERIOUS QUALIFIED BUYERS WILL BE CONSIDERED.
Has Pool
Property Reference #: RL544
Agent Details:
4: Greg Coetsee
Arkvest Properties
CLAREMONT
NELSPRUIT
1200
Id Subtitle 1215431620
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Estimated monthly repaymentR 85,613
Total property loan amountR 7,900,000
Total interestR 12,647,086
Total repaymentR 20,547,086
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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Arkvest Properties
Selling for 2+ years
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