REDUCED PRICE – A REAL GEM – FIRST COME FIRST SERVE
Nestled on an expansive 18 hectares of land, this property boasts two by 3-bedroom houses and a 2-bedroom flat in need of renovation. Approximately 2 hectares of the land is covered by shade netting, while an additional 4 hectares of arable land, are all equipped with a sprinkler irrigation system. Allocated water rights from a registered irrigation dam (6.85 hectares) as well as 2.9 hectares of water rights from the Crocodile River. Total of 9.75 hectares.
For your convenience, two Eskom power points are available, ensuring a sufficient power supply. The entire property, including the houses and irrigation areas, is securely enclosed within an electric fence. House number 1 offers a spacious 154m², complete with 2 carports and a welcoming verandah. Meanwhile, House number 2 impresses with its expansive 240m² double-story floor plan and also provides 2 carports for your vehicles. The Flatlet, 60m², with 2 carports needs to be renovated.
If you're considering an investment, you'll be pleased to learn that the expected monthly rental income for all three units combined is approximately R22,000 to R25,000. This small farm is located roughly 10 kilometers from Mbombela and conveniently borders a well-maintained tar road.
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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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.