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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.

For more information or to view contact me today!

Features

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Zoning:
Agricultural
Exterior
Security
No
Sizes
Floor Size
18m²
Land Size
18Ha

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

49,710.31

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