8566 m² farm in President Park

R 2 950 000

Renee Wright

Wright Real Estate

8566 m² farm in President Park

R 2 950 000

agric holding with income of r35 800 per month
Can I afford this?
6 Beds
6 Baths
3 Garages
Floor Area 8566 m²
Land Area 8566 m²
Rates R 1200

AGRIC HOLDING WITH INCOME OF R35 800 PER MONTH

This awesome property situated just behind the Midrand Mosque offers 8566m2 of property with potential to develop in future.

The property has the following to offer

1. 4 Units (one house) with income of R31 000 per month

2. 9 Stables - potential income or to convert to additional cottages

3. Vodacom Tower with a 10 year contract for R4800 per month with a 7% p.a. increase (8 years left)

No borehole on this property

3-phase electricity for the gate

house and cottages are single-phase

Plans approved for the 4th unit with income of R7000 additional income - 2 garages and/or

PRE PAID ELECTRICITY ON MAIN HOUSE

POTENTIAL FOR :

STORAGE FACILITIES

RENTALS (COTTAGES ABOVE)

TRUCK STORAGE.

in future RESIDENTIAL DEVEOPMENT

Priced to sell.

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Key Property Features

6
Bathrooms
6
Bedrooms
5
Dining Areas
4
En-suite
3
Garages
5
Lounges

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Renee Wright

Renee

Wright

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Experience Midrand

Midrand, also known as the Halfway House, was established as a municipality in 1981. It is a very vibrant, accessible area that is growing at a rapid rate. Families flock to the area to take advantage of the laid back lifestyle and variety of amenities. There is plenty of employment nearby, with many large businesses taking advantage of Midrand's convenient location between big cities. Vodacom, Cell C, Neotel, Altech Autopage and many more large companies have offices situated here, and with its growing residential areas this is one of the up and coming areas in South Africa.

Find out more about Midrand

8566 m² farm in President Park

R 2 950 000

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