Bush veld farm in S.Africa with passive monthly income R50k+ - Potgietersrus

Monday, 16 September 2019

Item details

City: Potgietersrus, Limpopo
Offer type: Sell
Price: R 7,500,000
Full Square, m²:330000

Contacts

Contact name etienne
Phone 0731331004

Item description

Lovely bush veld farm with free roaming game and 300m seasonal river front.It has a 6 bed Cape Dutch style house,2 x 2bed flats, a huge 133m2 lapa with pool and large workshop and storage facilities as well as a 6 bed workers hostel.
The real value of the farm lies in a contract with a passive monthly income in excess of R50k with a service provider which ends in the year 2037 and is renewable. The owner spent more than R 2million on automated infrastructure required by this project which only requires maintenance occasionally.
There are no land claims on this property.