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Farm for sale
R 10,689,000
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1 month ago29 views
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Description
This 16.348-hectare farm presents an exceptional development opportunity, situated on flat, square-shaped land with approximately 450 meters of river frontage along the Klipriver. The neighboring 8-hectare property has already set a strong precedent, having been subdivided into 50 stands and achieving R250,000 per stand, totaling R12.5 million in returns. Utility infrastructure is in place, with power supplied through Midvaal Municipality, including a 200 kVA transformer and 300 amp 3-phase supply. Water, electricity, and sewerage services are confirmed available through the Development Planning & Housing Department. The property also holds water rights from the Klipriver, adding further value and flexibility. As an added bonus, 12 hectares are currently leased to a farmer at R25,000 per month, offering an immediate rental income stream of R300,000 per year—a fantastic way to begin recouping your investment while development progresses.
Property Reference #: 1304830
Agent Details:
Magda Van Vreden
Rawson Properties Vaal
57, Loch Street, Meyerton, Meyerton Central, Gauteng
Property Reference #: 1304830
Agent Details:
Magda Van Vreden
Rawson Properties Vaal
57, Loch Street, Meyerton, Meyerton Central, Gauteng
Id Subtitle 1326725571
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Estimated monthly repaymentR 115,838
Total property loan amountR 10,689,000
Total interestR 17,111,988
Total repaymentR 27,800,988
Interest rate at 11.75% for 20 years *
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Rawson Properties Vaal
Selling for 4+ years
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