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Possible income generator
R 14,220,000
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1 year ago102 views
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General Details
Location:
For Sale By:Agency
Description
Looking for a rental income? Or maybe you are looking to start farming on a small scale.
This property covers both those needs. The 8.5ha property has 11 dwellings while 4ha is being used for farming.
The main house on the property has 4 bedrooms, 2 bathrooms, a large kitchen with a separate laundry, large living room and a study. The large patio has a built in braai and looks out over the large garden and swimming pool. An additional 2 bedroom house is also in the same area as the main house.
The rental units are separate from the main house. Each unit has 3 bedrooms, and its own yard and uses prepaid electricity. Rental contracts are up to date and secures the rental income for the new owner.
Corn is being planted about 6 times per year which also brings in some money annually. Strong boreholes make water one less thing for a farmer to worry about.
This property has to be seen in order to get the full picture. Give us a call!
Has Pool
Property Reference #: RL3369
Agent Details:
Carina Froehlich
Property Connect Hoofkantoor
Office 4, Sayer Square
cnr Mitchell and Cathedral Street
George
6530
This property covers both those needs. The 8.5ha property has 11 dwellings while 4ha is being used for farming.
The main house on the property has 4 bedrooms, 2 bathrooms, a large kitchen with a separate laundry, large living room and a study. The large patio has a built in braai and looks out over the large garden and swimming pool. An additional 2 bedroom house is also in the same area as the main house.
The rental units are separate from the main house. Each unit has 3 bedrooms, and its own yard and uses prepaid electricity. Rental contracts are up to date and secures the rental income for the new owner.
Corn is being planted about 6 times per year which also brings in some money annually. Strong boreholes make water one less thing for a farmer to worry about.
This property has to be seen in order to get the full picture. Give us a call!
Has Pool
Property Reference #: RL3369
Agent Details:
Carina Froehlich
Property Connect Hoofkantoor
Office 4, Sayer Square
cnr Mitchell and Cathedral Street
George
6530
Id Subtitle 1181450003
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Estimated monthly repaymentR 154,104
Total property loan amountR 14,220,000
Total interestR 22,764,755
Total repaymentR 36,984,755
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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Property Connect Hoofkantoor
Selling for 2+ years
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