Web Ref No 6040387

EXCELLENT INVESTMENT OPPORTUNITY - IN AN AREA WHERE LARGE TRACTS OF LAND ARE IN HIGH DEMAND

Well situated 13.6 hectare holding in Kameeldrift East with 5 houses and 8 flats. Excellent rental potential of R114 600 and to develop the large property.

13.6 Hectares in close proximity to the Moloto Road and where the N1 Pietersburg Highway extension will soon join the Moloto Road.

A combination of this property and adjacent holdings would be ideal for a high density housing development or as a light industrial site (30 hectare available when combined with adjacent properties in the sought after area where housing and industrial plots are in short supply).

Municipal rates and taxes = R1 000 per month.

MAIN FEATURES:

• 5 Houses with gardens
- House 1: 5 bedrooms, 2 full bathrooms, study, TV room, lounge, kitchen, scullery, laundry, walk-in safe, double garages, carports for
10 cars, guest toilet, separate shower, separate bath and basin, swimming pool (not in a good condition), covered vegetable
patch/propagation area (rental potential R18 000 pm).
- House 2: thatch roof, 2 bedrooms, 1 full bathroom, open plan lounge & dining room, kitchen, scullery & glass fibre Wendy house
(rental potential R7 000 pm).
- House 3: 3 bedrooms, 2 bathrooms, lounge, dining room, kitchen, 2 double carports & toolroom (rental potential R8 000 pm)..
- House 4: 3 en-suite bedrooms, lounge, dining room, kitchen, scullery, double ,carport/veranda & steel Wendy house (rental potential
R9 000 pm).
- House 5: 3 en-suite bedrooms, lounge, dining room, double carport & outside room (rental potential R9 000 pm).
• Flats:
- 6 Batchelor flats (rental potential R3 300 pm each).
- 2 One bedroom flats (rental potential R3 800 pm each).

• Workshops:
2 Large workshops that can easily be divided into 4 workshops (21 m x 11 m) plus an extra section without a cement floor.
- Workshop 1: three phase electricity, 3 m x 6 m walk-in safe, office, bathrooms for staff & separate bathrooms for guests, kitchen,
double carport with braai area (rental potential R25 000 pm).
- Workshop 2: 18 m x 19 m, half of the area is enclosed with steel railings for use where ventilation is required, but still under roof
(rental potential R12 000 pm).
• Pre-paid electricity
• 2 Boreholes (one is equipped and in use)

IN CLOSE PROXIMITY TO:

• Engen Filling Station (Dan Motors) – 1.44 kms
• Laerskool Die Poort – 2.55 kms
• Kameeldrift Clinic – 1 km
• Zambezi Retail Park – MediCross Medical Centre – 3.46 kms
• Kameeldrift SAPD – 1.27 kms
• Main arterial routes and highways

Contact agent for an appointment.