Farm For Sale in Somerset West

Property description

Price: R21,500,000.00 (excluding VAT)

This is a rare opportunity to own nine separate freehold properties, already sub-divided, in a prime rural location. These properties offer a multitude of possibilities and are perfect for developers, investors, or families looking to create a private estate.

KEY FEATURES:

Zoning: RURAL

Water: No registered water rights, but neighboring properties use borehole water. Boreholes can be sunk with an average water flow of 2,500 liters per hour.

Electricity: Apply for grid connection or go off-grid with attractive solar packages.

Development Potential:
*Build up to 9 houses on the farm.
*Operate a second dwelling as a bed and breakfast.
*Consent use for guesthouses, tourist accommodation, intensive animal farming, riding stables, farm shops, animal industries, and home child care. Each property can support 9 units of these activities.
Total allowable floor space per property: 1,500m² (multiply by 9 for total).

Location:
*Adjacent to the N2, which is being re-routed, promising increased traffic and accessibility.
*Proximity to several good schools enhances the appeal for families.

Ideal for:
*Developers and Investors: Numerous development opportunities with the potential for high returns.
*Families: Create a family estate with fruit tree orchards, bridal paths for horseback riding, a communal pool, and more. A wonderful environment for children with the added benefit of nearby schools.

Seize this unique chance to invest in a versatile property with endless possibilities. Contact us today to arrange a viewing and explore how you can make the most of this incredible offering.