Farm For Sale in Port Elizabeth
BondCosts
Property description
We are living in an era where REMOTE WORK is part of our lives. This is the perfect opportunity for you to explore this.
This 5.59-hectare property offers a peaceful setting with great potential for rental income. It includes 5 dwellings.
The main house featuring 3 bedrooms, built-in cupboards, 2 bathrooms, a lounge, dining room, and an open-plan kitchen with a scullery and laundry. There's also a sunroom in the main bedroom with lovely views, plus an indoor braai area for all year entertaining.
The property has a double garage, double carport, and a swimming pool. Additional outbuildings include garages and office space, with abundant water provided by a borehole, water tanks and municipal water.
The other 4 dwellings (each 95 sqm) consist of 2 bedrooms, 1 bathroom, an open-plan kitchen, lounge, and garden. Current rental income from these 4 dwellings are R22,000 per month. There are an additional two other outbuildings (store rooms) that can be rented out.
Located near Fairview Racecourse, this smallholding is perfect for keeping horses, farming, or further rental investment.
Extra Features:
-1 x 1500L Water Tank including a pump situated by the main house.
-3 x 5000L Water Tanks situated by the other 4 dwellings.
- Fibre
- Atlas Security
- 1 x Air conditioner
- Chlorine Pool
- Electric Stove Hob
- Double garage on remote
Contact me today to arrange a viewing.
- Pool
- Flatlet
- Store Room
- Freehold
- Security Features
- Sea View
- Pets Allowed
- Laundry
- Flooring: Tiles
- Fully Walled
Location rating
Nearby Transport
Nearby Education
Nearby Other
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Agents
Repayment Costs
Monthly Total
Mortgage
Purchase price
Deposit 10%
RPayment term
20 yearsInterest rate
11.5%Your payment
R / mo.
