3 Bedroom House in Morning Star

This 1 ha equestrian smallholding in Morningstar, Durbanville, has three separate homes, stabling for 12 horses, a 2,400 m2 arena and a motorised horse walker. At full occupancy, it can earn about R51 800 net per month.

You can bring your horses home and let the cottage and flat help carry the costs. The property is about 30 minutes from Cape Town and 15 km from Melkbosstrand beach. Mature trees give the whole property privacy and shade.

Equestrian facilities:

- Stables for 12 horses, with a feed room and lockable tack room

- Arena of approx. 2,400 m2 with a sand-and-rubber surface, for dressage and jumping

- Motorised horse walker, which is rare in the area

- Lunge ring with Clopf surface and drainage

- 3 tack-up bays, 2 with rubber matting, so the vet, farrier and physio have a safe place to work

- Paddocks with electric fencing, field shelters and natural shade

Main house:

- 3 bedrooms, 2 bathrooms

- 2 lounges, plus a sunroom opening onto the patio

- Braai room with a built-in pizza oven

- 2 undercover parking bays

Cottage:

- 2 bedrooms, 2 bathrooms

- Own kitchen, lounge and braai area

- 2 undercover parking bays

Flat:

- 2 bedrooms, 2 bathrooms

- Kitchen, lounge and braai

- Undercover parking

Income potential

The three homes and the 12-horse livery yard give this property strong income potential. The cottage is currently vacant and the livery yard has room for more horses, so a new owner can grow the income from day one. A full income and expense summary is available to serious buyers on request.

Extras:

Solar panels, solar geyser and inverterbattery backup

Water tank

Fibre

Electric gate

Storeroom

Pets welcome

Private viewings by appointment.

Disclaimer: While every effort is made to ensure the accuracy of the information contained herein, no warranty is given in that regard. Some images are used for marketing purposes only. E&OE.