Farm with 11 rental houses with an income of R67 700 per month. Its about 15km from Ilanga Mall with about 5km of gravel road to drive. Access is from the N4 about 10km outside of Nelspruit. There is 9 x 3 bedroom houses, 1 x 2 bedroom house and 1 x 1 bedroom house. 1 of the houses has a garage and the rest of the houses has under roof parking.
It has an communal swimming pool and lapa with a braai. A monthly levy is payed which brings in R4 235 per month. Taxes and Rates are R1 438,85 per month. Each house has Citiq meter for the prepaid electricity. Citiq pays the sellers every month. There is 4 boreholes on the property, only 2 of the boreholes are being used for the water. there is 8 x 10 000L tanks and 1 x 5000L tank. 3 Barns available on the property.
Only serious buyers
Investment opportunity
The above property practitioner holds a valid Fidelity Fund...
Farm with 11 rental houses with an income of R67 700 per month. Its about 15km from Ilanga Mall with about 5km of gravel road to drive. Access is from the N4 about 10km outside of Nelspruit. There is 9 x 3 bedroom houses, 1 x 2 bedroom house and 1 x 1 bedroom house. 1 of the houses has a garage and the rest of the houses has under roof parking.
It has an communal swimming pool and lapa with a braai. A monthly levy is payed which brings in R4 235 per month. Taxes and Rates are R1 438,85 per month. Each house has Citiq meter for the prepaid electricity. Citiq pays the sellers every month. There is 4 boreholes on the property, only 2 of the boreholes are being used for the water. there is 8 x 10 000L tanks and 1 x 5000L tank. 3 Barns available on the property.
Only serious buyers
Investment opportunity
The above property practitioner holds a valid Fidelity Fund Certificate which is registered with the PPRA and operates under RE/MAX Lifestyle Estates in terms of a franchise agreement with RE/MAX of Southern Africa.