R20,000,000
R20,000,000
2.14Ha Farm For Sale in Waterval East
Located opposite Waterfall Mall in Rustenburg, Northwest, this farm offers a prime investment opportunity. The property spans 2.14 hectares and currently generates an income of approximately R 100,000.00 per month from rental units.
The farm features three houses and eight flatlets, providing multiple residential units for tenants. Additionally, there is a truck yard and a nursery on the property, offering further income-generating potential.
Water supply is ensured by a cement dam and two boreholes, one of which is equipped. The property is equipped with 7700-liter water tanks for storage. The farm is securely fenced with precast walls, providing privacy and security.
For storage or workshop needs, there is a large store/workshop building and four lock-up garages available. These versatile spaces can be used for various purposes, catering to the needs of different businesses.
The property's rezoning process from agricultural to residential is already underway, indicating its potential for development. The expanding town development towards Olifantsnek Dam further adds to the growth prospects of this property.
Overall, this farm presents a compelling opportunity for developers and investors alike, with endless possibilities for income generation and expansion in a rapidly developing area.
Only pre-qualified / cash buyers or developers will have the opportunity to view this unique property.
The farm features three houses and eight flatlets, providing multiple residential units for tenants. Additionally, there is a truck yard and a nursery on the property, offering further income-generating potential.
Water supply is ensured by a cement dam and two boreholes, one of which is equipped. The property is equipped with 7700-liter water tanks for storage. The farm is securely fenced with precast walls, providing privacy and security.
For storage or workshop needs, there is a large store/workshop building and four lock-up garages available. These versatile spaces can be used for various purposes, catering to the needs of different businesses.
The property's rezoning process from agricultural to residential is already underway, indicating its potential for development. The expanding town development towards Olifantsnek Dam further adds to the growth prospects of this property.
Overall, this farm presents a compelling opportunity for developers and investors alike, with endless possibilities for income generation and expansion in a rapidly developing area.
Only pre-qualified / cash buyers or developers will have the opportunity to view this unique property.
Monthly Rates
R751
Features
Interior
Exterior
Sizes
Additional Amenities
Listing Info
Waterval East, Rustenburg
Location Set at the foot of the Magaliesberg mountain range in North West Province, Rustenburg lies on a major highway (N4) about 140 km by road from Johannesburg and 130 km from Pretoria. Being in close proximity to Phokeng, the capital of the Royal Bafokeng Nation, where the Royal Bafokeng Stadium is located made it a perfect choice for one of the official host cities of the 2010 FIFA World Cup. History Rustenburg, meaning “place of rest”, this pretty little town’s streets are lined with the ubiquitous jacaranda tree. It started out as a small farming community producing citrus and Virginia tobacco and still manages to retain its small-town atmosphere. The town has humble beginnings, starting off as little more than a church...
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Finance
Total Amount Repayable
R0,00
Monthly Repayment
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While every effort will be made to ensure that the information contained within the Century 21 South Africa website is accurate and up to date, Century 21 South Africa makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.