This very unique property is located to the west of Nelspruit and the land size is just under one ha and about 1.5 km from the N4. The property offers 7 houses and a flat with a single garage.
The main dwelling with a split level, offers four bedrooms, four bathrooms, a garage, a carport, and a swimming pool as well as staff accommodation.
In total, the 7 houses offer 19 bedrooms, 14 bathrooms, and 4 garages - all currently occupied. All the buildings are in good shape and well maintained, with pre-paid electricity. Water is provided by a very strong borehole which will of course be tested and a certificate issued before transfer.
This is an independently zoned, secure residential complex with houses built spaciously on a slight incline with patios overlooking a spectacular view of the area.
All houses have either 1 or 2 lockup garages - some with carports.
7 Houses comprise of: - 3 x 2 Bedrooms - 1 Bathroom - 3 x 3 Bedrooms - 2 Bathrooms - 1 x 4 Bedrooms - 4 Bathrooms plus 1 Bedroom en-suite Granny Flat.
All internal and external infrastructure, finishes, fittings, modern kitchen units, and built-in cupboards are in a well-maintained condition and function well. Security comprises remote-controlled gates; electric fencing and boundary palisade walls plus the regular additional home security measures in place.
Eskom power source is not on the property with the option to go totally off-grid on Solar energy.
The rental income at the moment for 6 houses is R 40 550. (excluding the main house and flat). The property is registered in a trust and will therefore be liable for VAT.
Nelspruit (CBD and All Major Extensions)
Central Nelspruit is the original part of town and close to the CBD. Many of the large old properties have been granted business rights and converted for office or commercial use. There are some untouched gems in this area for the enthusiastic home flipper or property developer: large family homes sporting original features, set in wild, untamed gardens. Its wide streets...
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Disclaimer: While every effort will be made to ensure that the information contained within the Kellaprince Properties Nelspruit website is accurate and up to date, Kellaprince Properties Nelspruit makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
