EARMARKED FOR DEVELOPMENT.2.8067 HECT .6 FLATS ON PROPARTY. RENTAL INCOME R23000.00 PER MONTH

Ref # 2320797
R3,750,000
Property Details
10 Beds
6 Baths
1 Garage
2.8,067ha

### Unique Investment Opportunity in Prime Agricultural and Residential Development Area

Are you looking for a versatile property that offers both agricultural potential and residential development opportunities? Look no further! This expansive property is ideal for cultivating vegetables, raising sheep, or developing additional residential flats.

#### Property Highlights:

- Current Infrastructure: The property currently houses 6 flatlets. Four of these feature 2 rooms each, while the remaining two are single-room units. Each flatlet includes a small kitchen and a sitting room, perfect for comfortable living.

- Parking: Three of the flats offer open-roof parking spaces right in front of the units, providing convenience for tenants.

- Security: The area where the flats are located is securely surrounded by a devil's fork fence, ensuring peace of mind for residents.

- Potential for Improvement: While the flats require some tender loving care (TLC), this presents a fantastic opportunity to renovate and increase rental income.

- Additional Features: The property also includes a pigeon loft, adding a unique element to this already diverse offering.

#### Future Development Potential:

- Additional Plot: An adjacent plot spanning four hectares is also available, making this an even more attractive investment. Both plots are earmarked for future development, ensuring long-term growth and profitability.

- Community and Location: Situated in a safe neighborhood, this property promises a secure and thriving environment for future developments. The surrounding community is welcoming and offers a serene backdrop for both agricultural and residential life.

This property is an excellent investment for those looking to expand their portfolio in agricultural and residential sectors. With its current infrastructure, room for improvement, and significant development potential, it offers a multitude of possibilities.

Don't miss out on this unique opportunity to own a versatile piece of land with boundless potential. Contact us today to schedule a viewing and explore the endless possibilities this property has to offer!

Property Features
Property Type
House
Bedrooms
10
Bathrooms
6
Garages
1
Land Size
2.8,067ha
Living Area
6
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