Multi-Family Home For Sale

Picture of Multi-Family Home For Sale in Durban, KwaZulu-Natal, South Africa

$270,000

Farm 32 Wortmann Road, Peacevale
Durban, KwaZulu-Natal, South Africa

10bd 8ba 1,100 sqm

Year Built: 2007

Listed By: Mmk Construction

Listed On: 08/30/2023

Listing ID: GL3615337

Description

Equestrian Small Holding in Peacevale 10,5 acres, fully fenced and auto gates. Crystal clear borehole water and Eskom 3 phase electricity. Main House : Separate self contained Bachelor Pad with its own separate garden, dogs house and a peaceful private east facing veranda with sunrise and mountain views. 3 large bedrooms with en-suite and walk in wardrobes Large lounge with large fireplace and wrap around verandas Entrance hall, guest bathroom, kitchen, walk in pantry and separate laundry. 5 stables, sand arena, lunge ring and 8 paddocks. 15m swimming pool and waterfall Cottage with 1 bedroom with bathroom, lounge and open plan kitchen and separate entrance. Incomplete triple garage. Cottage No. 1 2 bedroom, lounge, bathroom, laundry, veranda. 2 stables and single garage. Fully fenced with separate gated entrance. Cottage No. 2 3 bedroom Plettenberg Home with outbuilding and veranda. Fully fenced, self contained garden with separate entrance. Live in the Main large 3 bedroom house and receive rental income : Bachelor Pad : R5 800,00 Stables Cottage : R5 000,00 Separate Cottage : R5 500,00 Separate Cottage : R4 500,00 Livery 3 stables : R3 000,00 Total Rental Income : R23 800,00 per month. And you still have space to start highly profitable micro farming operations such as free range poultry, organic vegetables, mass ginger or garlic or medicinal plant, or even aquaponics for real organic farming ! building replacement value approximately R5,5mil minimum, Land Value R1,5mil. Do it up cost of approximately R200 000,00, it is good value all round ! Beautiful sunsets, indigenous bush surrounds. 15 minutes from Hillcrest, 20 minutes from Pietermaritzburg, 30 minutes from Durban and beaches. 15 minutes from Assagay Hospital. Email : psvagricola@yahoo.com / maitland@mmkconstruction.co.za Call me now on 083 6580 258

Source: The World Property Journal

Advertisement