2Ha Farm For Sale in Banners Rest
R5,000,000
24 Izingolweni
Monthly Bond Repayment R54,185.35
Calculated over 20 years at 11.75% with no deposit.
Web Ref No 4483362
Small holding with loads of potential in Banners Rest, Port Edward
This 2.3694-hectare property is situated on the Izingolweni Road with road frontage. The property has commercial, residential and agricultural rights. On the residential side the property offers 10 flatlets which are suitable for single working-class people with pre-paid meters. There are 2 ponds/dams with a natural running spring.
There is also Municipal water supply as well as 2 x JoJo tanks with pumps. On the commercial side there is a liquor store and Tavern, licenced and rented out at this point. There is also a Vslots licence and Abbatoir permit. The current owners generate a rental income of about R450 000 per annum. This property has a lot to offer and is a fantastic income generator.
There is also Municipal water supply as well as 2 x JoJo tanks with pumps. On the commercial side there is a liquor store and Tavern, licenced and rented out at this point. There is also a Vslots licence and Abbatoir permit. The current owners generate a rental income of about R450 000 per annum. This property has a lot to offer and is a fantastic income generator.
Features
Land Size 2Ha
Monthly Rates R1,250.00
Monthly Rates R1,250.00
Agent Contact Details
Belinda Jamieson
Non-Principal Property Practitioner
Registered with PPRA
(FFC 202 332 877 0)
Cell 083 228 4984
Office (039) 3220872
WhatsApp Me
Non-Principal Property Practitioner
Registered with PPRA
(FFC 202 332 877 0)
Cell 083 228 4984
Office (039) 3220872
WhatsApp Me
Message the Agent
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