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R7,900,000 | 16,000m² Farm For Sale in Nelspruit Rural

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R7,900,000

Monthly Bond Repayment R82,891.22
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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4 Houses, 2 Flats Residential/Business Farm for sale Nelspruit Kingstone Vale

This 1.6 Hectare smallholding is situated close to the University of Mpumalanga and Nelspruit, and is ideal for student accommodation, security companies, or farmers that need storage facilities for their harvested products, even for churches as the factory can be converted and you have housing facilities. The farm is registered in a company and is VAT registered, the purchase amount excludes VAT.

The smallholding is zoned for residential/business, and offers you the following:-

House 1 - Entrance Hall, Lounge, Dining/kitchen with scullery and laundry room, study, 4 bedrooms, 2 bathrooms (main en-suite), braai room with deck and pizza oven, 2 x storage rooms, 2 x double garages, 2 x outside rooms, floor size 286 sqm, rental income of R12 000 pm.

Flat 1 - bachelor flat with kitchen and bathroom, floor size 45 sqm, rental income of R4 000 pm

Flat 2 - Lounge/dining and kitchen, 1 bedroom and bathroom, floor size 69 sqm, rental income of R4 500 pm

House 2 - Patio, open floor plan lounge/dining room, kitchen, bathroom, 2 bedrooms, carport, floor size 143 sqm, rental income R6 200 pm

House 3 - Patio, open floor plan lounge/dining room and kitchen, study, 3 bedrooms, 2 bathrooms, carport, floor size 235 sqm, rental income of R9 600 pm

House 4 - Patio, open floor plan lounge/dining room and kitchen, 3 bedrooms, 2 bathrooms, carport, floor size 215 sqm, rental income of R8 500 pm

Factory, office, 5 x units (working areas), loading bay, outside toilet, 4 x storage, steel stores with spray booth, ablution block, carport, floor size 939.74 sqm, rental income of R34 140 pm

General - garden storage, generator room, communal swimming pool fenced with pump station, electric gate and fence around the farm

Water supply - a natural spring with a pump to pump water to the water tanks and a pressure pump for water supply to houses, also included is a water purification system. Unequipped borehole. Servitude canal water rights.

ONLY SERIOUS QUALIFIED BUYERS WILL BE CONSIDERED.

Features

13
9
2
Pets Allowed
No
Interior
Bedrooms
13
Bathrooms
9
Kitchen
5
Reception Rooms
10
Study
2
Furnished
No
Exterior
Garages
2
Security
Yes
Parkings
7
Flatlet
5
Domestic Accomm.
1
Pool
Yes
Scenery/Views
Yes
Sizes
Land Size
16,000m²
1
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