2.8Ha Property situated on a quiet country road amongst agricultural small holdings. This property is located 1KM outside White River, 15KM from Nelspruit and about 8KM from the Kruger Mpumalanga International Airport.
MULTI-TENANT RENTAL INCOME OPPORTUNITY (FULLY LET)
Ideal to accommodate students / contractors / frail care centre / old age home / school and long-term tenants. Stable monthly income. Ample space on this property to develop additional units to increase rental income.
These units are currently being rented by agricultural final year students. With the university nearby and all the opportunities on neighboring farms and towns this is the perfect location for long-term students.
INCOME-BREAKDOWN
|
units |
rENT P/M |
|
Visarend |
R7 700.00 |
|
Loerie |
R5 700.00 |
|
Houtkapper |
R7 700.00 |
|
Groenvlekduifie |
R5 700.00 |
|
Witboskraai |
R7 700.00 |
|
Namakwaduifie |
R5 700.00 |
|
Bospatrys |
R7 700.00 |
|
Tarentaal |
R9 000.00 |
|
Students |
R16 864.00 |
|
Self-Catering Units |
R41 400.00 |
|
Total Income |
R115 164.00 |
|
GROSS annual income |
± R1,4Mil |
MAIN HOUSE
- 12 En-suite rooms (1 Caretaker/Owner, 4 Rooms, 7 Self-Catering Units)
- 2 x Kitchens
- Pantry
- Laundry
- Office
7 SELF-CATERING UNITS
|
Blue, Green and Yellow Diamond 1 x 3 Bedroom En-Suite Unit - Study / Dining / Kitchen / Lounge - Stoep - Own Braai Area 1 x 2 Bedroom En-Suite Unit - Study / Dining / Kitchen / Lounge - Stoep - Own Braai Area Small 1 Bed House - Bedroom - Bathroom - Kitchen - Living Room
|
2 x 1 Bedroom En-Suite Units - Study / Dining / Kitchen / Lounge - Stoep - Own Braai Area 2 x 1 Bedroom En-Suite Units - Study / Dining / Kitchen / Lounge - Stoep - Own Braai Area
|
CONFERENCE ROOM (25 – 50 pax)
- 2 x Toilets
- 4 x Basins
- 2 x Showers
The conference room can accommodate 25 – 50 people on bunk beds.
|
8 HOUSES ON PROPERTY: VISAREND: - 3 Bedrooms - 2 Bathrooms - Sitting / Dining Area - Stoep with Braai Area
LOERIE: - 2 Bedrooms - 1 Bathrooms - Stoep with Braai Area
HOUTKAPPER: - 3 Bedrooms - 2 Bathrooms - Kitchen / Living / Dining Area - Stoep with Braai Area - Cellar under house GROENVLEKDUIFIE: - 2 Bedrooms - 2 Bathrooms - Kitchen / Living / Dining Area |
WITBOSKRAAI: - 3 Bedrooms - 2 Bathrooms - Kitchen / Living / Dining Area - 2 x Stoeps with Braai Area
NAMAKWADUIFIE: - 2 Bedrooms - 1 Bathrooms - Kitchen / Living / Dining Area
BOSPATRYS: - 3 Bedrooms - 2 Bathrooms - Kitchen / Living / Dining Area - Small Lapa with braai area
TARENTAAL: - 5 Bedrooms - 2 Bathrooms - Kitchen / Living / Dining Area - Small Lapa with braai area - 1 Storeroom |
|
Property Improvements: · 2 x Boreholes · Deck · Gazibo · Lapa · Ample Parking Space · Alarm (inside and outside) · Airconditioning · Swimming Pool · Garden |
· 2 x 10 000 liter water tanks (for the houses and Guesthouse) · 1 x 5000 liter water tanks (Diamon Rooms) · Each house has 2 shaded parkings · A few litchi, avo and other fruit trees · Fenced · Swimming pool and jacuzzies (inside and outside)
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