SOMEONE BEAT YOU TO IT! IN PIETERSBURG

Under EXCLUSIVE SOLE MANDATE This 21ha property, zoned as agricultural, features 15 units, of which 13 are currently rented out, generating nearly R80k per month. Located just 11 km from central Polokwane, this farm offers the perfect blend of rural tranquillity and proximity to the city. The owners, now retired, are looking to retire scale down, making this a unique investment opportunity. CURRENT RENTAL INCOME: The farm includes a total of 15 face-brick houses, with 13 currently generating a monthly income of approximately R78,000. The dwellings consist of: � 6 x 3-Bedroom, 1½-Bathroom homes with an open-plan kitchen and living room, scullery, and a single lockable garage. � 3 x 3-Bedroom, 2-Bathroom homes with an open-plan kitchen and living room, scullery, and a single lockable garage. � 1 x 4-Bedroom, 2-Bathroom home with an open-plan kitchen, dining, and living room, scullery, double lockable garage, veranda, and office. � 2 x 4-Bedroom, 2-Bathroom homes with an open-plan kitchen and living room, single lockable garage. � 1 x Double-storey 3-Bedroom, 2½-Bathroom home with office, dining room, open-plan kitchen and living room, gas stove, pantry, 3-car open garage, and a large veranda. This property is walled. � 1 x 2-Bedroom, 2-Bathroom home with a spacious open-plan dining and lounge area, beautiful kitchen with granite tops and gas stove, eye-level oven, large scullery/laundry, air conditioning, closed veranda, and a double open garage. This property is walled. � 1 x 3-Bedroom, 2-Bathroom home with an open-plan kitchen and dining, living room, and veranda. All homes feature built-in cupboards, pre-paid electricity, and three homes have solar geysers. Fourteen homes have tiled roofs, and one has a tin roof. Additional Features: � Ample staff accommodation � Two strong boreholes � Water tanks and pressure pumps supplying water to all dwellings FARMING POTENTIAL: � The fertile land covers approximately 10ha of the property and has previously been used to grow butternut, peppers, cabbage, broccoli, cauliflower, baby marrows, and herbs. � Cement dam capable of irrigating up to 5 hectares. OTHER: � A 5.5KW inverter, valued at R44,000, is installed in the owners' home and is included in the sales price. PLEASE NOTE: � The land has not been rezoned to residential. Only cash buyers will be considered. # Parking: 13 Rates And Taxes: 3850 Property Reference #: 114 Agent Details: Tania Anderson Simply Properties 7 Ismini Avenue, Bendor, Polokwane, 0699

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Price: R 7.850.000,00
R 7.850.000,00
4281643
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