R 2 950 000
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1 ha Farm in Nortons Home Estate

10 5 1 ha

MULTIPLE DWELLING + ADJACENT VACANT STAND OPTIONAL

A rare opportunity exists for the investor seeking existing rental income or family looking for shared accommodation on one small holding portion, plus the option of buying the adjacent vacant land portion also.

Offering multiple dwelling units currently enjoying a rental income of between R30,000 and R40,000 per month,

As you enter this beautifully maintained property you are welcomed by lush green grass and trees rounded of with a marvellously manicured garden, such thought, care and detail were set up that each unit can enjoy their privacy and private (although shared garden)

In Summary the 10,000m2 dwelling portions offers:

4 x 1 Bedroom units, each with own kitchen and en-suite bathroom, open plan lounge area.

14 x Bedroom domestic quarters with communal bathroom facilities (4 toilets 4 showers)

1 x Borehole plus rand water

Pre-Paid Electricity

This property is prime agricultural holding location, situated in Norton Home Estate AH

Well maintained tarred road with short distance gravel road to reach your destination

Furthermore:

Adjacent to this property is the recently sub-divided vacant land that offers 10,000m2 on tarred road with one entry point.

It has one Borehole drilled but not functioning

No services are connected

Asking price R1,290,000

Property 24 link at 114852409

Viewing arrangements by appointment only please

Looking forward to your call

Property details

  • Listing number T4800306
  • Property type Farm
  • Listing date 25 Sep 2024
  • Land size 1 ha

Property features

  • Bedrooms 10
  • Bathrooms 5
  • Lounges 1

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