Fully describe this property and its income earning activities.
The property comprises land of 5 hectares with 2 dwellings, 1 with adjoining granny flat, outbuildings of shed, separate ablutions, 4 x car garages and sparkling pool.
How long has the owner had the property?
The property has been in the sellerâs family for 20 years.
What does the property comprise of.
The property comprises of 2 full homes one of which is rented out for income. The main house 320 squares, which the seller and his wife occupy has a granny flat which can still be rented out for additional income. It has the granny flat with 1 bedroom, small sitting/ eating room/ kitchenette and bathroom. The remainder of the house has 2 bedrooms and 1 bathroom, open plan lounge, dining room, kitchen and massive veranda extending the length of the house at the back. The second home which is rented out for income has 1 bedroom and I bathroom with separate kitchen and open plan lounge dining area. The homes overlook magnificent rolling lawns and natural bush which has an abundance of variety of birds and small animal life and is unfenced. The outbuildings comprise shed of 50sqm, with a nearby 20 sqm ablutions lock up garage with parking for 4 vehicles. There is as an added bonus an athletic size sparkling swimming pool for those lazy hot Lowveld days.
Does the property have water?
The property gets its water from 2 boreholes which pump 600 lts per hour 5000 liters every 3 hours .There are 6 Jo, Jo tanks to catch rain water and retain the borehole water. Electricity is supplied by Eskom. The property has easy access is close to the main roads. It is surrounded by neighbors with well-developed and valuable properties which add value to the neighborhood and property.
What is the reason for the sale?
The land and gardens surrounding the property are substantial and take some physical labor to up keep and as the couple is elderly they wish to retire to a smaller dwelling.
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Annual Turnover Amount between R 500 thousand and R 6 million