Description
EXCLUSIVE MANDATE!!! Farm Living with Urban Convenience. - Welcome to your oasis in the heart of Karen Park, Pretoria North. This expansive 8.6-hectare farm offers the perfect blend of rural tranquillity and city convenience, situated just 2km from Wonderpark Mall. RENTAL INCOME - R20 500pm. Connect to Municipality water and Pay as you Go Electricity. Borehole not equipped.
Key Features:
Prime Location:** Nestled in Karen Park, enjoy the serene farming atmosphere while having all the amenities of urban living at your fingertips.
Development Potential:** With approximately 1.5 hectares of land ideal for development, currently utilized for grazing, the possibilities are endless.
Main Residence:** A charming 3-bedroom, 2-bathroom home awaits, complete with a patio and braai area for entertaining, a separate study/office, laundry room, double garage, and covered parking.
Additional Accommodation:** Discover a separate 1-bedroom, 1-bathroom flatlet boasting stunning views from its patio, offering potential rental income of R4000 per month.
Security:** Rest easy knowing your property is surrounded by electric boundary fencing, providing peace of mind and security.
Income Generation:** Benefit from a signal tower with a 25-year contract, currently generating R5000 per month with a 6% annual escalation, ensuring a steady rental income stream.
PERSONAL RECOMMENDATIONS: CUT OFF 1.5HA OF THE LAND AND SELL IT FOR DEVELOPMENT. IT CAN OFFER FINANCIAL BENEFITS AND OPPORTUNITIES. OPEN ALSO A HORSE RIDING SCHOOL OR A RESTAURANT AND FARM ANIMALS FOR KIDS.
Don't miss out on this exceptional investment opportunity that seamlessly, blends countryside living with urban conveniences. As a property professional, I can confidently state that this property an investment opportunity not to be missed. The diverse range of amenities and potential revenue streams make it and attractive prospect for investors seeking long term financial growth, are considering expanding your investment portfolio this property is certainly worthy of exploration. Do not
hesitate to contact me today to discuss how we van securer this incredible investment opportunity and make this picturesque property yours.
4
2
8.5ha
