Ermelo - M9218, N11

R 15,000,000 (neg) R 134,958.89 per month
Property for sale | South Africa | Mpumalanga | Highveld, Grass and Wetlands | Ermelo / Chrissiesmeer
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Property Details

        Property Description

        A rare opportunity to purchase a group of three adjoining farms covering 1350 hectares with a passive annual income of R1,2milion to R1,4 million earned from a lease agreement for a granite quarry situated on the main farm.

        There is excellent water with three boreholes and dams. The area enjoys a rainfall of between 550 and 600 mm per year. Prime rooi grasslands plus arable lands. Soil: high Ph, Rooi Avalon. The main farm has been in the same family for nearly two centuries. Historically used for breeding Sussex.

        Wonderful homestead with excellent outbuildings. The power supply is 25 Kva. The farm is situated only 8 kms from Ermelo.

        There is a granite quarry which has been in operation since 1962 with a lease agreement in place until 2021 and provides the owner with a passive income of between R1.2millio and R1.4 million per annum. There are large ore reserves which will facilitate lease extension and possible revenue increase.

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        Above map is the centre point for Ermelo.

        Points of Interest near Ermelo, N11 radius


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