Excellent property value in highlands of Mpumalanga

From modest weekend getaways to large maize and cattle farms, there are property investment opportunities aplenty in the rural towns all along the Maputo Development Corridor in Mpumalanga.

“And economic uncertainty in the region has created a buyers’ market, with an abundance of farms, smallholdings and weekend homes to choose from in towns like Belfast, Dullstroom, Machadadorp and Waterval Boven,” says Francois de Villiers, owner of the RealNet franchise in Belfast.

“We are feeling the effects of the general economic slowdown. However, this always brings with it opportunities for investors who can acquire prime real estate at ‘bargain basement’ prices.”

He says entrepreneurs are currently already taking advantage of the chance to snap up multimillion-rand eco-tourism and farming properties, and that in Machadodorp, which boasts the oldest trout-fishing club in the country, many of the modest cottages are now owned by top business leaders who visit on weekends to “get away from it all”.

An important cattle and maize farming region, the highlands of Mpumalanga also has many established farms with boreholes, irrigation water rights and Eskom electricity. “And many farmers are ready to retire at the moment, making way for a new generation of younger farmers at very favourable prices. For example, we currently have a 78ha farm, including livestock, implements and a homestead, on the market for only R3,7m.”

As for eco-tourism opportunities, De Villiers says another value for money property currently on the market is an established eco-tourism business on a 217ha farm in the Schoemanskloof area with river frontage, swimming pool, lapa, four bedroom house and potential for game farming, priced at R5,4m.

“We also have a 50ha farm near Bambi in the Badfontein area, overlooking the Kwena Dam, for sale for only R1,4m. Slightly more pricey is the 57ha farm with homestead, outbuildings, Eskom electricity and three separate fishing and camping camps, which is on the market for R2,99m.”

Also available now, he says, is a 107ha farm with business rights that forms part of an incomplete “green” development with seven springs, two boreholes and five dams. It has been subdivided into 24 stands each measuring three to five hectares and is priced at R6,6m.”

If buyers would like to build their own weekend homes, vacant residential stands overlooking the rolling hills are available for as little as R99 000. “And if you just want a basic weekend getaway, you can purchase a two-bedroom wooden cottage on a stand of 2855sqm in Belfast for as little as R275 000.”

  Comment on this Article

  Please login to post comments

Post to my facebook wall
Characters remaining

    Latest Property News
    • 22 Nov 2017
      While sales have noticeably slowed in most sectors in most Cape town suburbs, the security estate sector in Constantiaberg has bucked the trend by remaining buoyant, with sales by August this year already surpassing total sales in 2016.
    • 22 Nov 2017
      The end of the year is fast approaching, and so are all the travellers, tourists and holidaymakers. For those who live near or own a property in a holiday-hotspot, the festive season also brings with it an abundance of short-term rental opportunities. Its a great way for property owners to make a few extra rand for their own holidays or to put towards their savings.
    • 21 Nov 2017
      The buying process is over, and the moving truck has delivered your household goods to your new property. Now it’s time to unpack and turn your new house into a home.
    • 21 Nov 2017
      When an offer to purchase a property is signed by both buyer and seller, this constitutes a binding agreement or “Deed of Sale” between the two parties. However, in most cases the “standard contract” might not be enough to cover all the specifics pertaining to the sale. The agreement may require some additions or alterations to clauses, which needs an expert hand in the drafting of such
    • 21 Nov 2017
      As more and more South Africans look to invest in property abroad, Spain is offering them one of the best deals in global real estate.
    • 20 Nov 2017
      Since 2012, sectional title complexes have been leading the South African property market, not only in terms of price growth, but sales volumes as well. Remaining relatively strong, even in the face of 2017’s political and economic turmoil, experts say this market segment could offer valuable insight into South Africans’ property purchase priorities.
    • 20 Nov 2017
      Regardless of whether you are purchasing your first start-up home, downsizing or moving in with roommates, finding ways to maximise small spaces can be a big advantage, says Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa.
    • 20 Nov 2017
      Property valued at approximately R1 billion is on High Street Auctions’ sales floor during the month of November, including the much-anticipated sale of the Tshwane Mayoral Residence and the land occupied by one of South Africa’s oldest operating gold mines.
    Subscribe to the MyProperty Newsletter

    Last Name  
    Email Address  
    Email Frequency
    Share this Page

    For Sale Property
    Rental Property
    More Options
    Connect with us