A smallholding with such good potential and several income streams that will redeem your bond considerably! This property has approximately 5Ha of arable land, that has great deep Hutton soils ideal for Avos,citrus and Macadamias .The fact that it has a steady income allows one to consider longer term projects .It has an adequately yielding borehole allowing for all household’s and a small area of Irrigation. The plus factor is that it has a cell phone tower which provides a fair income.
It is situated within about 5kms of Richmond and about 30kms from Pietermaritzburg. The two cottages below are currently rented out.
Main Homestead:
It has a lovely, large and very spacious double story 5 bedroomed home with all the modern amenities, magnificent kitchen and situated in a rolling green garden with an assortment of fruit trees. It has 3 garages and a store room (possible flat).This homestead has a full size snooker table set up in its own room, quite a rarity.
Cottage 1 (closest to gate): Open plan kitchen, dining, and lounge. One bathroom bath, shower, toilet two bedroom .Carport.
Cottage 2: Entertainment bar on veranda, Dining room, Kitchen, Lounge Two Bedrooms. Bathroom 1 – bath, basin, toilet Bathroom 2 ensuite – shower, basin, and toilet.
This well-priced smallholding has so much going for it plus good income.
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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