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The 15-hectare farm in Marina Beach on the south coast has multiple features and potential uses:
R 9,900,000
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8 months ago386 views
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General Details
Location:
For Sale By:Agency
Description
1. Macadamia Farming: 11 hectares of the farm have been planted with Macadamia trees. After 6 years, these trees are currently producing 5 tons of Macadamias. Once all the trees are matured, it is expected that the farm will produce 40 tons of Macadamias. This suggests that the farm's Macadamia production is likely to increase significantly in the coming years.
2. Rental Income: The farm also has the potential for generating rental income. There are seven flats on the property, which are separate from the main farm house and an additional house with a rondawel. Out of these, five flats are already rented out, providing a stable rental income.
3.Infrastructure: The houses on the property are equipped with back-up water supply, which is essential for water security. Additionally, the houses are fully fenced and secured, ensuring safety and protection of the property and its inhabitants.
4. Irrigation: The farm has a nice-sized dam, which is strategically positioned for irrigation purposes. This is crucial for supporting the growth and maintenance of the Macadamia trees and other potential crops.
In summary, the farm has significant potential for both agricultural production (Macadamia farming) and generating rental income from the flats. The combination of these features makes it a versatile property with opportunities for both agricultural and residential use. Additionally, the presence of a well-positioned dam enhances the farm's agricultural prospects.
Has Pool
Property Reference #: PTR636
Agent Details:
Pieter Kruger
PropertyTime
Umtentweni
2. Rental Income: The farm also has the potential for generating rental income. There are seven flats on the property, which are separate from the main farm house and an additional house with a rondawel. Out of these, five flats are already rented out, providing a stable rental income.
3.Infrastructure: The houses on the property are equipped with back-up water supply, which is essential for water security. Additionally, the houses are fully fenced and secured, ensuring safety and protection of the property and its inhabitants.
4. Irrigation: The farm has a nice-sized dam, which is strategically positioned for irrigation purposes. This is crucial for supporting the growth and maintenance of the Macadamia trees and other potential crops.
In summary, the farm has significant potential for both agricultural production (Macadamia farming) and generating rental income from the flats. The combination of these features makes it a versatile property with opportunities for both agricultural and residential use. Additionally, the presence of a well-positioned dam enhances the farm's agricultural prospects.
Has Pool
Property Reference #: PTR636
Agent Details:
Pieter Kruger
PropertyTime
Umtentweni
Id Subtitle 1225600553
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Estimated monthly repaymentR 107,287
Total property loan amountR 9,900,000
Total interestR 15,848,880
Total repaymentR 25,748,880
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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