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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
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.
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.
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