4 houses on the farm style plot in Kameeldrift West Magalies Mountain

R 4,000,000

Can I afford this?
2 years ago2399 views
Ad Saved to My List
View and manage your saved ads in your account.
Report Ad
General Details
For Sale By:Agency
Description
Total size of property is 29 Hectare which - 12 Hectare mostly mountain forms part of the nature reserve (green belt).
- The Magalies Mountain Nature Reserve and a total of 17 Hectare can be developed to your specific needs.
This is a farm where a legacy can begin.

Property forms part of the Magalies Mountain Nature Reserve -
- 29 Hectare farm of which
- 13 Hectare forms part of the nature reserve (green belt)

Steady Monthly Income from the Property :-
- 3 x 3 Bedroom Home's and one 4 Bedroom Home Rented out @ R25 000.00 per month in total
(All Equipped with - Gas Geysers / Gas stoves / Newly Renovated and Tiled and fitted with Prepaid Meters)
- This exclude the main house where the owner is staying currently.
Each 3 Bedroom home has their own garden and has been renovated.

80 - 1st x 3-bedroom houses
- 3 bed / open plan living & kitchen / 1 bath room / private garden / prepaid / gas geyser and stove / car ports
Recently newly renovated

81 - Staff Quarters -
2 Bedroom house for permanent farm workers with separate garden, geyser, prepaid meter, gas stove and open plan living room
Can easily be renovated and be an extra income on the property.

82 - 2nd - 3-bedroom houses
- 3 bed / open plan living & kitchen / study / 1 bath room / private garden / prepaid / gas geyser and stove / car ports
Newly Renovated

83 Main House
- 4 bed / open plan living & kitchen / 2.5 bath room / private garden / prepaid / gas geyser and stove / car ports, garage, patio, indoor garden

84 Shell
This Shell can be developed in a Bachelor / Granny Flat or Office- currently used for storeroom.

85 3rd x 3- Bedroom House
- 3 bed / 2 x Bathrooms 1 is on suite / 2 x living area / garden / prepaid / kitchen with gas stove and electric geyser, Carport
Newly Renovated and fully tilled.

Extra that is offered on the property.
Residential Trash & Waste Removal Corner.
- 1 x 20m x 15m - this is perfect for converting it into process and packaging area
- Next to it is 2 store rooms of 6 x 5m and the other one 9 x 5m.
3 boreholes:

- 1 x Equipped and in use -1500 l p/h.
- 2 X Water Tanks 5000 ltr each they also have there own regulation system to fill up and
ready to be used as needed through out the farm.
- 2 x Boreholes not equipped as first borehole supply more than enough water to the farm
but both can supply more of less 1000 l p/h.

With an old orchard and trees from the first owner in the 80's .... camped of and still giving scrumpchinos fruit such as .....
Pecan Nut - Pomegranate - Plums - Lemons - Oranges - Prickly Pear - Apricot and a lots more. What's more the farm dam is full.
There are also pig stays - Not in working condition but if cleaned out and connected to the water line it will be up and running again.
17 Hectare can be develop to your specific needs.

A sure investment property to start your own legacy.

Property Reference #: RL3596

Agent Details:
Mike Sithole
Recoin Properties
6 Old Pretoria RoadHalfway houseMidrand1618
P O Box5193
Midrand
Midrand 1685

Monday to Friday 08h00 to 16h30
Saturdays 08h00 to 14h00
Id Subtitle 937908349
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 43,349
Total property loan amountR 4,000,000
Total interestR 6,403,588
Total repaymentR 10,403,588
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
Recoin Properties
Selling for 7+ years
Total Ads889
Active Ads850
Professional Seller
Seller stats
889Total Ads
3.93MTotal Views
Contact Recoin Properties
082*******Show Number
Message
(3977)
Name
(Optional)
Email Address
(Optional)
Phone
(Required)
Send Message
By clicking "Send" you accept the Terms of Use and Privacy Notice and agree to receive newsletters and promo offers from us.