Property description
Fantastic Rental Income of approximately R70 000 per mont, majestic property – 1.4327 hectares nestled in the heartlands of equestrian euphoria; this is simply a horse lover’s dream! This property boasts a sizeable main house accommodating three bedrooms, two and a half bathrooms, reception rooms, study, outside lapa, and indigenous garden. The 12 income-generating cottages (tenanted) are nestled between tall trees and lush grass. What a serene one-with-nature type lifestyle. The cottages offer a variety of living spaces – bed sitters, one/two- and three-bedroom units, including pre-paid meters, plentiful parking bays, and natural garden spaces to enjoy. Vast land offers endless opportunities for the discerning developer to maximise the potential of this amazing plot, ideally situated next door to the Gauteng Horse Association. Plentiful space for horse stalls, arena, and paddocks. The perfect location to convert the cottages into Bed & Breakfast accommodation for competitors and visitors attending the nearby horse shows. Bridle paths for safe outrides and riding enjoyment. Borehole facilities, JOJO tanks, staff accommodation, and electric fence security add to the enticement of this GEM.
For all you nature lovers, cowboys/gals, straphangers, business entrepreneurs, and equestrian folk – THIS PROPERTY was awarded the ‘First Prize Rosette”. Put on your riding boots and come and join me for a viewing.
- Study
- Flatlet
- Staff Accommodation
- Store Room
- Patio
- Freehold
- Security Features
- Pets Allowed
Location rating
Nearby Transport
Nearby Education
Nearby Other
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Repayment Costs
Monthly Total
Mortgage
Purchase price
Deposit 10%
RPayment term
20 yearsInterest rate
11.5%Your payment
R / mo.
