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High Rental Income Holding For Sale in Lushof AH, Tzaneen Rural, Tzaneen

R 6,987,750

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24 days ago62 views
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General Details
Location:
For Sale By:Agency
Description
Discover an exceptional lifestyle property with excellent rental income potential!


This exclusive offering is situated in the sought-after Lushof area, mere minutes from the town of Tzaneen, in a secure and tranquil area. The property features a spacious main house of approximately 600m², with expansive open-plan living spaces, five bedrooms, three bathrooms, and an indoor entertainment area complete with a built-in braai, among other impressive amenities. It is nestled within beautifully manicured gardens and includes a shimmering swimming pool.


The property also encompasses additional structures and sheds totaling well over 1500m², which include one additional 3-bedroom house, accommodations for staff, a large workshop/shed and various storage units. The rental income potential is estimated at around R40,000 per month.

The manicured garden is utilizing water drawn from the Great Letaba River, backed by registered water rights. Two boreholes are in place to supplement the water supply as necessary, and the property is connected to municipal water and electricity services.


This property is the epitome of a dream lifestyle with the possibility of self-sufficiency. Seize the opportunity—it could be yours! Contact us today to arrange a viewing!

NB:
* The price is exclusive of VAT which is payable over and above the purchase price
* Sold as a going concern to VAT registered buyers
* This property forms part of a larger opportunity to buy 2 additional portions - ENQUIRE TODAY!



Property Reference #: 110546428

Agent Details:
Hercules Erasmus
Prime Group Tzaneen
ADAM`S CORNER OFFICE 206, Corner of KING EDWARD and PEACE STR

Id Subtitle 1341783083
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Estimated monthly repaymentR 70,942
Total property loan amountR 6,987,750
Total interestR 10,038,249
Total repaymentR 17,025,999
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Prime Group Tzaneen
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