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R 7 495 000

Farm for Sale in Cove Ridge East

Cove Ridge East, East London

Contact agent for street address

116 467 m²
- m²: 116 467 m²
- Hectares: 11.647 ha
- Acres: 28.78 acres

NO TRANSFER DUTY

Contact Agent

Andre Goosen

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Beautiful farm with main house and several tenanted units providing extra income!

Great opportunity to live a quality lifestyle and earning extra income from the accommodation facilities on this farm not far from the East London airport. It is 11.6 hectares with 3 dams and Jojo tanks strategically placed to supply fresh water. The buildings consist of a very neat large main house with entertainment facilities, several self contained 2 bedroom units (most are tenanted on month to month leases totalling R45k per month), plenty outside buildings for garages or business operations as well as administration offices. Opportunity exists for further leases of R17k per month. The neat concrete driveways provide access to the buildings in a lovely setting overlooking the agricultural fields. The venue is suitable for a guest farm with Eskom providing electricity.

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Property Overview

Listing Number

114614157

Type of Property

Farm

Description

Garden Flat

Listing Date

03 July 2024

Size of farm

116 467 m²

Floor Size

1560 m²

No Transfer Duty

Yes

Rates and Taxes

R 1 055

Facilities

Bedrooms

Bathrooms

Kitchens

Rooms

Patio

External Features

Parking

Other Features

Special Feature

Built in Braai, Paveway

Points of Interest

Bond Calculator

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Total Once-off Costs:
(Transfer Duty Excluded)

This property has been flagged as “No Transfer Duty” by the agent/seller, we have therefore excluded a transfer duty of from the total once-off cost calculation.

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