R5,000,000

R5,000,000

5.09Ha Small Holding For Sale in White River AH
Exclusive Mandate
Ptn 9 Farm 278 Katoen, 278 Katoen
Hans Meyer
Hans Meyer

Looking to generate passive rental income for life? Look no further. This is it!!!

Web Ref. WTR-RS00465
Land size 5.09 Ha
Monthly Bond Repayment
R51,609.41
Plot of 5.1 Ha right next to the R40. Makes access easy. Close to White River Crossing Mall. There are three strong boreholes on the Plot. Three phase electricity for the two workshops. There are 9 properties on the Plot that generate +- R70,000 rental income per month. Different types of grass is also sold off the property for additional income. Some of the properties are houses, but there are two large workshops on the plot too. One workshop is +-300sqm with 2m high roller doors. The Plot is zoned for Light Industrial / Agricultural. Property and will be sold "voetstoots" Ideal for a multi building storage facility that will generate passive income for life. Alternatively ideal for a sawmill. If the zoning can be changed to Residential, multi tenanted buildings could be erected, again generating passive income for life.
Monthly Rates R1,700

Features

Interior
Exterior
Pet Friendly
Sizes
Land Size 5.09 Ha
Additional Amenities
Borehole
Access Gate
Electric Fencing
Garden
Paveway
Scenic View
Security Post
Listing Info
Date Listed 27-01-24
Time Listed 18:42

White River AH, White River

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Finance

Total Amount Repayable
R0,00
Monthly Repayment
R0,00
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