Exceptional Income-Generating Property: Thrive Amidst Beauty and Serenity
Prime Property with Income-Generating Potential Property Overview:
Zoning: Residential Extent: 1.9458 Hectares New Price: R3 300 000 (Price Reduced from R3 600 000) Property Features:
Residential Cottages:
Three fully tenanted two-bedroom cottages. A fourth partially completed cottage. All cottages equipped with prepaid electrical meters. Reliable rental income from current tenants with active leases. Self-Sustaining:
The property has been self-sustaining for several years. Excellent water supply through a prolific and reliable borehole. Direct water supply to neighboring Plot 80 via well-maintained piping. Potential Opportunities:
Aquaculture: Large dam on the property. Flat terrain and abundant water supply make it ideal for aquaculture ventures. Income Generation: Continue renting the cottages for a steady income stream. Complete the fourth cottage to increase rental income potential. Additional Information:
While currently little agricultural activity takes place, the property's outstanding water resources make it highly versatile. The close cooperation with Plot 80 ensures continued utility and sustainability, particularly with its water supply. This property is perfect for investors seeking a reliable income, potential aquaculture projects, or those looking to expand their residential portfolio with a property that offers both immediate returns and future growth opportunities.
Don’t miss this unique opportunity to own a versatile and profitable property. Contact us today to arrange a viewing or for more information.
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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.