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PRIME MULTI-LET PROPERTY INVESTMENT that includes 17.3ha of PRIME LAND
R 20,000,000
Reason for Reporting
PRIME MULTI-LET PROPERTY INVESTMENT that includes 17.3ha of PRIME LAND "R20 Million" DESCRIPTION: This prime investment comprises of two large “small holdings” that are combined as one with multiple homes, townhouses, flatlets, cottages, factories, and workshops that are let out to tenants. The properties have top security and an endless supply of strong spring water running underneath them with 6 boreholes. The property is primely located just 25 minutes south of central JHB and just on the outskirts of Walkerville, with country style living. PRICE: R 20 Million INCLUDED IN THIS PRIME INVESTMENT: 1) Two small holdings measuring 17.3 ha and the Municipality land value = R5.7m 2) Houses, Townhouses, Flatlets, Cottages and factories with an estimated replacement value of R 22 Million 3) The rental income is R 200.000.00 pm Monthly Expenses is R 94 000.00 pm. (The main house is occupied by the current owner) 4) In addition to the above, there are 12 staff quarters, bathrooms with 4 showers, washbasins, and a scullery. Then there is a central laundry room with a scullery. There is a large indoor heated pool and entertainment area for tenants. There are several workshops, with the main workshop/warehouse housing the farming equipment for both properties. 5) The deal includes a fleet of trailers that are rented out to tenants. 6) The deal includes all the Farming equipment (Tractors, lawnmowers & other equipment) 7) There is ample land to do small-scale farming, and there are multiple boreholes and more. PLEASE CONTACT or WHATSAPP: Dameon on 0844899452
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