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R5,999,000

Unique 12.2-Hectare Property with House, Flats, Restaurant, and Rental Income Potential

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.

Features

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4
Zoning:
Commercial
Exterior
Security
No
Sizes
Land Size
122,000m²
Parking Bays
Open Parking Bays
4
Extras
Restaurant area • Near Highway • Safe Location
 
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Disclaimer: While every effort will be made to ensure that the information contained within the EXP Realty website is accurate and up to date, EXP Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

83,487.45

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