2 ha Land available in Myngenoegen AH
Rental Income Opportunity With Small-Scale Farming
This property is a beautiful smallholding just outside Polokwane. Situated on +/-2ha Myngenoegen Agricultural Holding, this property is a peaceful oasis only 20 minutes from the city Centre and 10 minutes from the nearest shopping mall. Approximately 7km from the R71 heading to Tzaneen on tar road and 1,6km gravel road to get to the plot. It is a prime located property with future investment growth potential being in close proximity to excellent private schools.
The entire property is secured with an electric fence, including a manual entrance gate. The soil is exceptionally fertile and with a strong borehole, the following list of vegetables can be farmed: chillie''s, spinach, tomatoes, okra, covo, beetroot and onion. Fruit trees that have flourished are Lemon and Mango trees.
Thats not ALL! Earn a passive income by renting out the 3x 2-bedroom flatlets for R5000 to R5500 per month to tenants. The conference Centre can add an additional income upon special bookings with contractors, training companies, etc.
Enjoy the expansive views and breathe in the fresh Bushveld air because this is your investment opportunity, in a red hot location, not to be missed!
FACILITIES AND BUILDINGS:
- 3 x 2-Bedroom flatlets with 1 bathroom and open plan living area and kitchen
- Conference room with kitchenette and 1 bathroom
UTILITIES:
- 3-Phase Eskom electricity
- Connected to Dalmada Water Scheme
- Equipped strong borehole (Tested) with 3 Jojo Tanks (Up to 6,500L Water Storage)
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No one sells more property than us, so make the smart choice now. Pre-qualified or cash buyers will be given preference. If this property does not suit your needs or taste, please give me a call so that we can discuss and find your dream home or next investment opportunity. Please also click on the logo to your right to see all properties available by us.
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Property details
- Listing number T3557994
- Property type Residential Land
- Listing date 8 Aug 2024
- Land size 2 ha
- Rates and taxes R 350