- 14 ha
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 2113.00
Property description
Riverbend Estate
Fantastic investment opportunity for you to own this well positioned Estate in a quiet area away from the hustle and bustle, but still close enough to shops and schools.
Not only are you acquiring 14 hectares of land, but a section of the land has 24 flats - 1 bedroom, 2 bedroom and 3 bedroom all of which are currently being rented out with long term tenants, generating attractive residual income. There is a borehole which services the flats as well as 4 septic tanks.
The area of land that is vacant, has beautiful views overlooking the Gonubie river. The vacant Erfs are already sub divided and would be valuable ground to sell for further development. This is an incredible piece of land just waiting for the right buyer.
Call us today to see this prime investment.
Property Details
Property Features
- Fence
- Access Gate
- Borehole
- Septic tanks
Virtual Tour
| Erf Size | 14 ha |
Contact the Agent
Lisa Scheepers
Full Status Property Practitioner