INVITATION TO SUBMIT OFFERS

Web Reference : 1656

Accepting Offers
Expires : Tue 15-Oct-2024

Address : LAURENTIA FARMS
City :
Province : Gauteng

Contact : 051 430 2300
Terms and Conditions : Click Here

CONDITIONS OF SALE  

About
Invitation to submit offers
15 September 2024 -15 October 2024

172.1349 ha Grazing Land with Developmental Potential and a Monthly Passive Income

Location: Along the N14 Roadway, Opposite Laurentia Farms
GPS: -26.034569,27.786083

Property Features:

Power Supply: ESKOM 100kVa connection, all usage via pre-paid meters.
Water Resources: Fitted operational borehole, 2 storage dams, and cattle drinking cribs ensuring a consistent water supply.
Fencing: Entire property is securely fenced, divided into camps ideal for cattle or stock farming.
Municipal Connections: 2 municipal water connections available to the property.
Sewage: Managed via septic tanks, ensuring low-maintenance waste disposal.

Income Opportunities:

Rental House: Generates a steady income of R8,967 per month.
MTN Tower Lease: 10-year lease with 10% annual escalation, renewed last year, currently generating R16,900 per month.
Labourers Housing: Provides gross income of R20,000 per month, with electricity managed through pre-paid meters.
Agricultural Potential:

Agrostis Lands: Fertile land producing approximately 4,000 bales of hay annually, weather permitting. Ideal for additional farming or livestock grazing.
Accessibility:

Entrances: Two approved entrances directly onto the N14 Roadway, offering easy access for vehicles and equipment.
Rates & Taxes:

Monthly Rates & Taxes: R3,455.00 per Month