Located opposite Waterfall Mall in Rustenburg, Northwest, this farm offers a prime investment opportunity. The property spans 2.14 hectares and currently generates an income of approximately R 100,000.00 per month from rental units.
The farm features three houses and eight flatlets, providing multiple residential units for tenants. Additionally, there is a truck yard and a nursery on the property, offering further income-generating potential.
Water supply is ensured by a cement dam and two boreholes, one of which is equipped. The property is equipped with 7700-liter water tanks for storage. The farm is securely fenced with precast walls, providing privacy and security.
For storage or workshop needs, there is a large store/workshop building and four lock-up garages available. These versatile spaces can be used for various purposes, catering to the needs of different businesses.
The property's rezoning process from agricultural to residential is already underway, indicating its potential for development. The expanding town development towards Olifantsnek Dam further adds to the growth prospects of this property.
Overall, this farm presents a compelling opportunity for developers and investors alike, with endless possibilities for income generation and expansion in a rapidly developing area.
Only pre-qualified / cash buyers or developers will have the opportunity to view this unique property.
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