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Spacious small holding for sale in Wheatlands with income potential

R 2,250,000

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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):3
Bathrooms (#):2
Size (sqm):40000
Description
This small holding offers you the potential for rental income. Situated in Wheatlands, this property consists of 7 dwellings, single phase electricity and borehole providing ± 4500 liter water per hour.
The main house on this property consists of 3 bedrooms, 2.5 bathrooms, cozy lounge with fireplace, neat open plan kitchen and dining room with fitted cupboards. Enclosed verandah with built-in braai. The house also consists of a coal stove and own entrance. Rental income on the house is R6000.

Flat 1 consisting of: Single carport, 1 bedroom, 1 bathroom and entrance through separate automated gate. Rental amount of R3500.
Flat 2 consists of: Single carport, 2 bedrooms, 1 bathroom and entrance through separate automated gate. Rental amount of R4500.
Flat 3 consists of: Own yard and entrance. 2 Bedrooms, 1 bathroom and single carport. Rental amount of R4500.
Flat 4 consists of: Own yard and entrance. 1 Bedrooms, 1 bathroom and single carport. Rental amount of R3800.
Flat 5 consists of: 2 Bedrooms, 1 bathroom, solar geyser, single lock-up garage and small workshop. Entrance through separate automated gate. Rental amount of R4500.
Flat 6: 1 Bedroom, 1 bathroom, solar geyser, single carport - flat not completed. Entrance through separate automated gate.
Flat 1, 2, 5 & 6 are all in one yard.

Furthermore this property also offers you a workshop of approximately 5x5m with roll up door. 2 Outside buildings for storage. 1 Big lock-up store of 6m x 18m. Enclosed kraals for sheep and pigs. ± 3 Hectare of arable land.
Call today to view this property. Rates, taxes & levies are subject to change. Floor & erf sizes are estimates.

Property Reference #: 1639

Agent Details:
Andrew Forrester
Entin Estates
101A Village Street, West Porges, Randfontein

Id Subtitle 1286613009
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Estimated monthly repaymentR 24,384
Total property loan amountR 2,250,000
Total interestR 3,602,019
Total repaymentR 5,852,019
Interest rate at 11.75% for 20 years *
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