91,090m² Vacant Land For Sale in Grootvlei Ah

R1,200,000

Monthly Bond Repayment R12,591.07
Calculated over 20 years at 11.25% with no deposit.

Web Ref No 6618154

PRICED TO SELL - WELL-SITUATED, LEVEL AND FERTILE NINE HECTARE AGRICULTURAL HOLDING IN GROOTVLEI

PRICED TO SELL - WELL-SITUATED, LEVEL AND FERTILE NINE HECTARE AGRICULTURAL HOLDING IN GROOTVLEI
This property is an excellent investment opportunity in an area where large tracts of vacant land are in high demand.

Nine hectares of level agricultural land adjacent to the N1 North (Pietersburg Highway) in Grootvlei.

The area is renowned for the fertile soil and abundant underground water. Tomatoes were previously produced here on large scale for the market.

Easily access from the Murray Hill offramp on the N1 North highway.

Rates and Taxes: R232.00

DEVELOPMENT POTENTIAL:

• Large monthly rental income can be generated by having a company renting Highway side of property for a large billboard
• Intensive crop farming
• Feedlots
• Prime residential development
• Security housing estate
• Current trees on a portion of the property can be sold to contractors who remove the trees and remove the wood.

IN PROXIMITY TO:

• 10 kms north of Petrol Port
• 10 kms from Hammanskraal
• 17 kms to SAPD Hammanskraa
• 18 kms to Jubilee Hospital
• 25 kms to Montana Private Hospital

Contact agent for an exclusive appointment to view.