Agricultural property around Nelspruit, or Mbombela, in Mpumalanga is in high demand currently, with investors snapping up properties on which they can farm macadamia nuts, horses and game, as well as lifestyle farms where they can just relax and enjoy the lowveld lifestyle.
This 10 hectare farm in Nelspruit offers a five bedroom house, 8 hectares of macadamia nuts and 1 499 trees. It is on the market for R10.65 million - click here to view.This is according to Juan Botha, owner of RealNet Anker, who says they have seen an increase in the purchase of farms and smallholdings in recent months.
Botha says macadamia nut farming has become a popular pastime for ‘weekend’ farmers, and there has also been some turnover of large commercial farming concerns, which indicates that the market is optimistic about the future of farming.
“There are currently a variety of farming properties on the local market, at prices starting around R3 million and ranging upwards to R15 million and more. Sizes and amenities vary greatly, but in this area you can even acquire your own game reserve, and larger commercial concerns go from R5.5 million to R30 million,” he says.
One of SA’s fastest-expanding economic regions with its own international airport, Mbombela is the capital of Mpumalanga and is now attracting a significant number of new permanent residents from Gauteng and Mozambique.
This 1 119sqm vacant land in Matumi Golf Estate, Nelspruit, is priced at R905 000 - click here to view.Botha says the mild climate and laid-back lifestyle are among the factors that make it a desirable destination, but that the city also offers a growing number of employment and business opportunities due to its location on the N4 transport corridor and tourism route that runs between Gauteng and Mozambique.
“There is also a division of the High Court in this area, and a new university, and an increasing number of blue chip companies now have branches or regional offices in Mbombela.”
In addition, he says the area is a mecca for mountain bike riders and eco-tourists, thanks to its proximity to the Kruger National Park and many other natural attractions.
He says the city is thriving, and the demand for housing continues to rise. At the moment, agents are experiencing stock shortages in the R1.5 million to R3 million price range.
This 8.8 hectare farm in Nelspruit is selling for R3.8 million - click here to view.The average home price in the most sought-after areas is now around R2.1 million, and the majority of buyers are young families in the 35 to 50 age bracket.
“We find that buyers from Gauteng prefer to buy in security estates, such as The Rest, where there is a private school on site and vacant stands are available at prices from R450 000.
“Matumi Golf Estate is also popular, and in this area vacant stands are priced from R540 000, while large golf ‘lodges’ sell for upwards of R3 million, and we currently have a well-appointed five bedroom executive home for sale at R5.25 millions,” says Botha.
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