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Unique 12.2-Hectare Property with House, Flats, Restaurant, and Rental Income Potential
R 5,999,000
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General Details
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Description
Looking for a unique business opportunity and rural lifestyle? Look no further than this incredible 12.2-hectare property in Modimolle, Limpopo. This property offers a spacious 4-bedroom house, 2 additional flats, a 3-shop complex, and an 80-seater fully licensed restaurant.
The main house features 4 bedrooms, 3 bathrooms (2 en suite), a dining room, a lounge, a kitchen, a study/office/bedroom, and a covered carport for 4 cars. The property also includes a separate 1-bedroom granny flat and a 2-bedroom flatlet with their own bedrooms and showers.
But that's not all - this property also boasts a driving range currently generating R1500.00 per month, an 80-seater restaurant bringing in R300 000.00 per month, and a 3-shop complex under thatch, consisting of three 5x7m shops for rent at R2500.00 each.
Additionally, there is a lapa, a borehole shared with a neighbour (with lifetime rights), and approximately 492 square meters of tunneling used for growing tunnels complete with sprayers.
With endless potential and a prime location just 4km from the highway to PTA, this is the perfect opportunity for anyone seeking a thriving business and rural lifestyle in a beautiful part of South Africa. Contact us today for more information and to schedule a viewing.
We also make pasta, ribs, salads, spuds, oxtail and hake.
Property Reference #: 7002001-27984
Agent Details:
Naomi Kruger
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
The main house features 4 bedrooms, 3 bathrooms (2 en suite), a dining room, a lounge, a kitchen, a study/office/bedroom, and a covered carport for 4 cars. The property also includes a separate 1-bedroom granny flat and a 2-bedroom flatlet with their own bedrooms and showers.
But that's not all - this property also boasts a driving range currently generating R1500.00 per month, an 80-seater restaurant bringing in R300 000.00 per month, and a 3-shop complex under thatch, consisting of three 5x7m shops for rent at R2500.00 each.
Additionally, there is a lapa, a borehole shared with a neighbour (with lifetime rights), and approximately 492 square meters of tunneling used for growing tunnels complete with sprayers.
With endless potential and a prime location just 4km from the highway to PTA, this is the perfect opportunity for anyone seeking a thriving business and rural lifestyle in a beautiful part of South Africa. Contact us today for more information and to schedule a viewing.
We also make pasta, ribs, salads, spuds, oxtail and hake.
Property Reference #: 7002001-27984
Agent Details:
Naomi Kruger
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
Id Subtitle 1274188126
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Estimated monthly repaymentR 65,012
Total property loan amountR 5,999,000
Total interestR 9,603,781
Total repaymentR 15,602,781
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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EXP Realty
Selling for 2+ years
Total Ads7.25K
Active Ads7.25K
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