8 ha Small holding in Reitz for sale

R 4,200,000

Can I afford this?
1 year ago403 views
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General Details
Location:
For Sale By:Agency
Description
This plot is conveniently located adjacent to the town of Reitz and offers various small-scale farming possibilities. The property is fenced with a game fence and has 3 automated entrance gates.

RESIDENTIAL HOUSES AND INFRASTRUCTURE
All the residential houses are currently rented and offer an income of R22 000 per month and include the following:
- 3 Residential units with 2 bedrooms, bathroom, kitchen, living room and double garage - monthly income: R4 500 per unit
- A house with 3 bedrooms, bathroom, kitchen, living room and double garage - monthly income: R7 500
- 8 Lock-up single garages that offer storage space or that can be rented out
- A large lock-up shed – 175 m²

FARMING
5,5 ha Arable land where a variety of crops can be planted
2 ha Sheep Camp which is divided into 2 camps
A pecan orchard with 88 trees, about 2 years old
A small orchard with, among others, peach, apricot, fig and quince trees

ELECTRICITY AND WATER
Eskom power
2 Strong boreholes – equipped
Zink dam with a water tank
Cement dam
8 JoJo tanks

Property Reference #: 255

Agent Details:
Philip Minnaar
The Farm Agent
32 Ficksburg straat,Wierda Park,Centurion

Id Subtitle 1169419698
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Estimated monthly repaymentR 45,516
Total property loan amountR 4,200,000
Total interestR 6,723,768
Total repaymentR 10,923,768
Interest rate at 11.75% for 20 years *
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