EXCEPTIONAL RIVERFRONT PROPERTY FOR SALE – R555 TOWARDS MIDDELBURG
EXCEPTIONAL RIVERFRONT PROPERTY FOR SALE – R555 TOWARDS MIDDELBURG
A Unique Investment Opportunity Combining Income, Farming Potential and Quality Infrastructure!
This exceptional 8.6-hectare property is ideally situated along the busy R555 towards Middelburg and boasts valuable frontage on the Olifants River. Offering excellent visibility, established rental income, quality buildings and abundant water, this property presents a rare opportunity for investors, entrepreneurs, religious organizations or buyers seeking a versatile lifestyle and business investment.
Property Features
Land size: 8.6 hectares
River frontage: Situated on the banks of the Olifants River
Security: Electric fencing
Water supply: Three boreholes, with abundant water available
Electricity: Eskom three-phase power
Established Buildings and Income
Main Church: A spacious church capable of accommodating approximately 300 people, constructed with exceptional quality and finishes. The existing congregation would like to continue renting the church on a monthly basis, offering the potential for a continued rental arrangement.
Children's Church and Play Area: A dedicated children's church with a playground, currently generating an income of approximately R20,000 per month.
Six Rental Flats: Six flats generating a combined rental income of approximately R40,000 per month.
Two Spacious Houses: Beautiful, generously sized homes featuring modern finishes and quality construction.
Additional Agricultural Potential
The property offers excellent potential for small-scale farming, with extremely fertile soil and abundant water resources. The river frontage and existing boreholes further enhance its appeal for a variety of agricultural activities, subject to the relevant water-use requirements.
Asking Price: R21,150,000
This is a rare opportunity to acquire a substantial riverfront property offering established rental income, exceptional buildings, secure surroundings and agricultural potential, all in a prominent location along the R555.
An outstanding investment with multiple income opportunities and room for future growth!
A Unique Investment Opportunity Combining Income, Farming Potential and Quality Infrastructure!
This exceptional 8.6-hectare property is ideally situated along the busy R555 towards Middelburg and boasts valuable frontage on the Olifants River. Offering excellent visibility, established rental income, quality buildings and abundant water, this property presents a rare opportunity for investors, entrepreneurs, religious organizations or buyers seeking a versatile lifestyle and business investment.
Property Features
Land size: 8.6 hectares
River frontage: Situated on the banks of the Olifants River
Security: Electric fencing
Water supply: Three boreholes, with abundant water available
Electricity: Eskom three-phase power
Established Buildings and Income
Main Church: A spacious church capable of accommodating approximately 300 people, constructed with exceptional quality and finishes. The existing congregation would like to continue renting the church on a monthly basis, offering the potential for a continued rental arrangement.
Children's Church and Play Area: A dedicated children's church with a playground, currently generating an income of approximately R20,000 per month.
Six Rental Flats: Six flats generating a combined rental income of approximately R40,000 per month.
Two Spacious Houses: Beautiful, generously sized homes featuring modern finishes and quality construction.
Additional Agricultural Potential
The property offers excellent potential for small-scale farming, with extremely fertile soil and abundant water resources. The river frontage and existing boreholes further enhance its appeal for a variety of agricultural activities, subject to the relevant water-use requirements.
Asking Price: R21,150,000
This is a rare opportunity to acquire a substantial riverfront property offering established rental income, exceptional buildings, secure surroundings and agricultural potential, all in a prominent location along the R555.
An outstanding investment with multiple income opportunities and room for future growth!
Features
Interior
Exterior
Sizes
Additional Amenities
Listing Info
Print
Pieter Wentzel
Candidate Property Practitioner
Bennie Kasselman
Principal
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Chas Everitt website is accurate and up to date, Chas Everitt makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
