The property on offer is situated in Thabazimbi, Limpopo.
The smallholding on offer is situated in the heart of the bushveld. The property has many benefits like the extra income from rental properties. With the Spitskop Hills in full view, the scene is set for the homes.
There are a total of four residential properties on the smallholding which consists of the main house which has a spacious lounge and dining room. There are three spacious bedrooms and the master bedroom which has an en-suite bathroom. The home is finished with screed flooring, ideal to combat the warmer summer temperatures. There is a second bathroom servicing the home. There is also a study for the home executive. A double lock-up garage secures family vehicles. The outdoor entertainment comprises a thatched lapa with a built-in braai and a sparkling pool. This home has a rental income of R 4500.00/ month which excludes electricity usage.
Then there is a 1 bedroom rondawel which generates a rental income of R3500 pm which excludes electricity.
And finally, there are two 3 bedroom properties with carports and they generate a monthly rental income of R 3500.00 pm excluding electricity.
There is a strong borehole on the smallholding which produces a level of 8000 litres.
The electricity is supplied by ESCOM at a monthly rate of around R3 600 total and the rates and taxes amount to a current value of R 128.00
There are staff quarters with ablution facilities for the staff tending to the horses and the various homes if need be.
The stables on the property generate an income of R 250.00 per stable per month.
There is an additional water tank.
This property will generate long term stable income for an investor or someone seeking the country life with the added income from rental.
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