Enjoy community-focused smallholding living near Barberton town with sweeping mountain views, borehole water and multiple tenant homes generating steady rental income — 14 beds, 9 baths.
This small holding presents a unique opportunity with several buildings and houses, each currently occupied by tenants. This setup not only provides a steady rental income but also creates a sense of community, as the tenants are living in close proximity to one another. The presence of multiple tenants can enhance security, making it a safer environment for everyone involved.
Water supply is managed through a borehole, ensuring a reliable source of water for both the tenants and the property. This is especially valuable in areas where water availability can be inconsistent. Additionally, the location is conveniently close to town, providing easy access to local amenities, shops, and services, which is a significant advantage for current and prospective tenants.
One of the standout features of this property is the stunning view over the mountains of Barberton. The picturesque scenery not only enhances the appeal of the location but also offers a tranquil living experience for tenants. They can enjoy the beauty of nature right from their doorstep, making it an attractive place to reside.
While the buildings on the property do require some renovation, this presents an opportunity for value enhancement. Renovating the existing structures could significantly increase their rental potential and overall market value. With some investment and effort, these homes could be transformed into desirable living spaces that attract quality tenants.
Overall, this small holding is a promising investment with its existing rental income, community atmosphere, convenient location, and breathtaking views. With the right renovations, it could become an even more lucrative venture and a cherished residence for tenants.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R3,500,000
Price reduced by 14.4% to R2,995,000
Barberton Central offers a highly fertile, subtropical agricultural environment characterized by high rainfall and diverse soil types, making it an ideal location for intensive citrus, macadamia, and timber production with strong access to regional processing hubs.
* Distances and amenities are approximate.