EXCLUSIVE MANDATE LIFESTYLE / FARMING / DEVELOPMENT OPPORTUNITY WITH AN EXISTING MONTHLY RENTAL INCOME = ALL WRAP UP AND READY TO GO!
There are so many possibilities for this Farm, situated between 3 major developments already on the way: "Cove Rock Estate" - an ongoing development, "COVE RIDGE" - phase 1 & "RIVERWOOD ECO ESTATE" - passed stage 4. And "GOOD HOPE FARM" sits in the middle of the Big 3, creating a neat triangle if you choose the Development option.
The owner has cleared, compacted, and leveled another section to ready the ground for whatever your heart's desire might be.
This property offers unparalleled flexibility for developers, whether focusing on residential housing, commercial facilities, or multi-use projects.
With its multiple existing structures and close Location to the Airport.
A Property very well suited for a variety of any other ventures such as: Wedding venue, B&B, Events likes stalls or build more homes and have a close-knit Rental community where kids can play safely, and parents are still close enough to enjoy easy access to schools, shopping centers, Airport and major highways for seamless connectivity, where the homes are all enclosed by Electric Fence and Electric Gates, giving you security and peace of mind. While surrounded by lush greenery and tranquil landscapes, this farm promises a peaceful retreat from the hustle and bustle of city life, with the soothing sounds of chirping birds and gentle rustling leaves, with Beaches a short distance away.
The Farm is conveniently located near amenities, ensuring both convenience and comfort.
Presenting you with:
7 Houses that immediately start earning you a monthly income [ current tenants can stay on if you so choose, or can be given notice by the owner to vacate in 3 months]
House 1: Main Brick House - 3 Bedrooms, 2 Bathrooms, Lounge, Kitchen, Laundry room & Enclosed Veranda with a Single Tunnel Garage that Parks 2x cars (@ 12sq), Estimated rental @ R7'500 p/m
House 2: Granny Flat - 1 Bed with En-suit, Open plan Kitchen, Dining and Lounge, with 3 Tanks (2x 5,000 Liter's & 1x 20,000 Liter's) Used for House 1 & Flat, plus a Shared open yard between house and Flat. Estimated rental @ R4' 000 p/m
Note: Open Area: 5,000 Liter Tank + open area between front and back corners, House no. 1 & 3. Feed water to Houses 5, 6 & 7.
House 3: Wood & Iron Structure - 3 Bedrooms (main includes a separate Study room, optional En-suit), Bathroom, Separate Toilet, Laundry room (with optional space for a Shower), Open Plan Kitchen, Dining, Lounge, covered front Veranda, Shed (Asbestos), Park 2 + Storage space. Also boasting a Large 5 Bay Door Garage with Workshop and Storeroom.
Additional: Borehole with pump, and a 25,000 Liter Holding Tank, another 2x 20,000 Liter Tanks, with a Separate Electric Fence. Estimated rental @ R8' 000 p/m
House 4: - 3 Bedrooms, 2 Bathrooms (full + en-suit), Open plan Lounge, Dining room & Kitchen, Enclosed Veranda [under roof] Entry room, Newly Enclosed Front Veranda with built-in braai, Double Tandem (@ 96sq) and a 10 000 Liter Stainless Steel Water Tank. The house has a double roof (flat roof under a pitched roof). Estimated rental @ R8'500 p/m
House 5: - 3 Bedrooms, 1 Bathroom, Lounge, Kitchen, washing line, wooden deck, pool, water pump. Estimated rental @ R8'000 p/m
House 6: - 3 Bedrooms, 1 Bathroom, Lounge, Kitchen, washing line, and water pump. Estimated rental @ R7'500 p/m
House 7: - 2 Bedrooms, 1 Bathroom, Lounge, Kitchen, washing line, and water pump. Estimated rental @ R6'500 p/m
TAKE NOTE OF EXTRA INFO:
# SERVITUDE ROAD - Public use, running between the farm and Riverwood Estate
# BOREHOLE WITH PUMP
# All-round enclosed Electric Fence with 4x Remote Gates
# 2x Natural Dams
# River on Boundary Line
# Natural running Spring water bubbling up during heavy rains at Main Brick House.
So, call and let's set up a viewing appointment soon.
