R4,800,000
R4,800,000
278 Katoen
Monthly Bond Repayment R52,017.94
Calculated over 20 years at 11.75% with no deposit.
Change Assumptions
Monthly Rates
R1,700
R1,700
Looking to generate passive rental income for life? Look no further. This is it!!!
Plot of 5.1 Ha right next to the R40. Makes access easy. Close to White River Crossing Mall. There are three strong boreholes on the Plot. Three phase electricity for the two workshops. There are 9 properties on the Plot that generate +- R70,000 rental income per month. Different types of grass is also sold off the property for additional income. Some of the properties are houses, but there are two large workshops on the plot too. One workshop is +-300sqm with 2m high roller doors. The Plot is zoned for Light Industrial / Agricultural. Property and will be sold "voetstoots" Ideal for a multi building storage facility that will generate passive income for life. Alternatively ideal for a sawmill. If the zoning can be changed to Residential, multi tenanted buildings could be erected, again generating passive income for life.
Features
Pets Allowed
Yes
Sizes
Land Size
5Ha
Extras
Borehole • Access Gate • Electric Fencing • Garden • Paving • Pets Allowed • Scenic View • Security PostWhite River AH, White River
White River is situated in the heart of the gracious living environment that is The Lowveld. White River lies 20km north of Nelspruit not far from the border with Kruger National Park. White River has a population of about 20,000 and is located in an area of considerable scenic beauty.
The climate is said to be one of the best in South Africa, neither excessively hot in summer when rainfall is at its highest, nor...
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