Farm in Van Der Hoff Park For Sale

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Description

Fantastic Investment Opportunity In A Prime Spot

Exclusive Mandate. This is a 12-bedroom, 5-bathroom and 6-garage property. Located in the highly sought-after area of Van Der Hoff Park, this exceptional property offers a rare opportunity to own a large stand of 6 739 sqm in close proximity to Pick n Pay, various businesses, and essential amenities. Renowned as a prime development area, Van Der Hoff Park presents excellent potential for further expansion and investment growth, making this property an outstanding value-for-money opportunity.

The property comprises three separate houses, each with its own character and features, along with four prepaid electricity meters and a borehole for reliable water supply.

Main House (A):

This completely separate residence offers a spacious and comfortable layout featuring four bedrooms, two bathrooms, a lounge and dining area with a fireplace, a large kitchen, a study, a laundry room, and a lovely garden. Additional features include a patio, full fencing, an electric gate, and two garages.

Monthly rental income: R11 000

Second House (B):

This home includes three bedrooms, one bathroom, and a large open-plan kitchen, dining area, and lounge. It also offers a spacious TV room, a well-maintained garden, and two lock-up garages.

Monthly rental income: R4 000

Third House (C):

Currently divided into two separate living units, this house offers excellent rental potential:

Unit 1: Three bedrooms, one bathroom, an open-plan kitchen, lounge, and dining area, as well as a garden, patio, built-in braai, and a single garage with additional parking.

Unit 2: Two bedrooms, one bathroom, kitchen, open-plan lounge, and dining area, along with a garden, patio, built-in braai, and a single garage with parking.

Combined monthly rental income for House C: R8 000

With a total monthly rental income of R23 000, ample space for development, and multiple dwellings already generating income, this property represents an excellent investment opportunity in a prime Potchefstroom location.

A truly worthwhile purchase.

ACE OF HEARTS TRADING 77 (PTY) LTD trading as REMAX Legacy (Potchefstroom) operates in terms of a franchise agreement with REMAX of Southern Africa.

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ACE OF HEARTS TRADING 77 (PTY) LTD trading as REMAX Legacy (Potchefstroom) operates in terms of a franchise agreement with REMAX of Southern Africa.