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R1,718,000

Monthly Bond Repayment R18,026.22
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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A Unique Farming Opportunity Mixed-Use Property for Sale

A Unique Farming Opportunity Mixed-Use Property for Sale


Welcome to a farm with a difference! This unique property offers a blend of farming, retail, and residential opportunities, making it a versatile investment for the savvy buyer. Registered as mixed-use, this land allows for farming, shops, and dwellings, providing multiple streams of potential income.

Property Highlights
Retail Potential:  The existing shops can easily be converted into 4 to 5 full flatlets, each capable of generating an income of approximately R5500 per month. The site previously supported two thriving shops and has the potential for up to five shops, including a liquor store which historically achieved a turnover of R3 million annually.
Water Resources:  The property is equipped with a borehole and pump, with the option to add a second borehole. Note that the existing borehole requires a new power cable and control box to be fully functional.
Additional Income:  A Vodacom tower on the property brings in an additional R70,000 annually, supplementing your income.
Facilities: The property boasts a 700+ m² workshop section under the roof and includes a flatlet in need of repair. The main building, which has served as a shop, also offers the potential to rent out additional shop spaces. A 4 x 5m walk-in fridge is included, with additional items possibly available for purchase.

Strategic Location
This farm is strategically located close to major routes, enhancing its appeal:
Approximately 2 km from the R29 Springs-Devon
2 km from the R42 Nigel-Delmas
3 km from the N17 Secunda-Johannesburg
Less than an hour's drive from Johannesburg

Agricultural Potential
The property sits on very fertile soil, making it ideal for diverse agricultural activities. The land has successfully produced leafy greens, garlic, strawberries, asparagus, maize, and more. Additionally, a tunnel is available for the preparation of seedlings.

Scenic Views
The farm offers breathtaking open views, stretching as far as Heidelberg's hills. Enjoy stunning sunrises and sunsets, and at night, the lights of Springs can be seen twinkling in the distance.

Opportunities for Development
Filling Station Approval:  The property previously received approval for a filling station, offering another avenue for expansion should the new owner choose to pursue it.
Fencing:  The entire property is fenced, ensuring security and delineation of boundaries.


This property has been a successful venture for many years, with recent accomplishments in both agriculture and retail. The current owners are downsizing, offering a unique opportunity for a new owner to capitalize on its potential. Whether you're interested in farming, retail, or residential development, this property offers endless possibilities to cultivate success.

Features

1
1
Pets Allowed
Yes
Interior
Bedrooms
1
Bathrooms
1
Reception Rooms
3
Sizes
Floor Size
700m²
Land Size
28,420m²
Extras
Near Shops • Near Highway • Near Medical Center • East • Near Motorway • Safe Location • Near Schools
 
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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

R
%

Monthly Payment

18,026.22

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