25.7 ha farm in Sterkfontein and surrounds

R 13 500 000

Andre Pennells

JVP Properties

25.7 ha farm in Sterkfontein and surrounds

R 13 500 000

sterkfontein
Can I afford this?
4 Beds
3.5 Baths
2 Garages
Land Area 25.7 ha

**INCOME GENERATING PROPERTY LIVE THE DREAM ON YOUR OWN RANCH!**

This property was previously used as a luxury resort with 15 units, one of SAs biggest swimming pools with a zip line running across it. It is situated in one of the most beautiful regions that Krugersdorp has to offer, with lush, green surroundings and plenty of agricultural opportunities. There is a perennial water source running through the property which will be more than able to serve as a source of water for irrigation purposes in dry seasons.

This 25ha property is reachable via a 2.9km dirt road, which is not ideal and will have to be taken into account when the property is sold. Furthermore, the swimming pools are in dire condition and will have to be renovated. The renovation cost, however, is less than 25% of the construction cost of the pools. All of the units on the property, except for two, are reachable by paved roads.

The current usage of the property is partly agricultural in the form of greenhouse planting, but mostly as a complex for the rental of all the units on the property. The owners report that no unit has ever been unoccupied for longer than 3 months. The rent is posted at anything in the region of R 2 500.00 towards R 4 500.00 p.m., utilities included.

There are two reservoirs located on the property for private use and are mainly used to irrigate the pristine gardens and greenhouse vegetation.

The buildings on the property consist of the main residence with 4 bedrooms, 3.5 bathrooms, a foyer and reception area, lounge, dining room, study, a beautiful staircase to the 2nd floor landing and bedroom as well as a farm style kitchen with scullery a separate general purpose room, a laundry as well as 2 garages.

Then there are 15 units located on the property with garages and carports that are being rented out, 2 boreholes, 2 swimming pools (needs renovation), servant quarters and 4 greenhouses as well as 4 water tanks.

Please see our website for more photos of the property and the various units.

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Key Property Features

3.5
Bathrooms
4
Bedrooms
2
Garages
3
Lounges
Pets Allowed
Staff Quarters

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Experience Krugersdorp

Krugersdorp is a town with a lot of history, culture and landscapes. The locals are the kind of neighbours you can still borrow a cup of sugar from, in this close community. Due to its rich history, Krugersdorp has many historical buildings, museums and well built homes. It's a family-friendly neighbourhood, conveniently located near highways to Johannesburg CBD and other business districts.

Paul Kruger statue in Krugersdorp
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25.7 ha farm in Sterkfontein and surrounds

R 13 500 000

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