R 12 500 000 | farm property for sale in midmar nature reserve

Property Description

New listing, beautiful farm village for sale, situated near the Drakensberg, 55 ha of prime property with great potential to be developed. It is sold with 5 houses, 3 super large sheds each avaraging 1000sq. It has offices, bottle store, hotel, supermarket size about 1000sq and the hotel about 2000 Sqm. It also has a very large compound and it is also operating as a BnB. The main dwelling consist of 3 bedrooms, dining room, kitchen, lounge, pantry, entertainment area, fire place, 2 bathrooms excluding ensuite. The sheds are let out and generate an income. The rental income is /- R 80 000. The property is situated on a main road connecting Pietermaritzburg to Kokstad and Matatiele. It is strategically possessioned for a Sasol, Caltex or Engin garage. This property stores and provides fertilizer for the surrounding dairy farmers. It also has a small petrol filling station on it. This property can be developed with multiple units and is perfect for a developer. The hotel is not currently in use and it could even be developed into a very large hospital. 5 dwelling places 3 super large sheds Petrol filling station Hotel Supermarket Dam Football field Borehole Workers compound


Property Details

Purchase Price R 12 500 000

Type of PropertyFarm

Last Updated10 Jul 2018

Property Location

Similar Property in nearby suburbs

Agent

Sylvester Diegaardt

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