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For SaleFarm

Small holding with loads of potential in Banners Rest, Port Edward

2 m²

Description

This 2.3694-hectare property is situated on the Izingolweni Road with road frontage. The property has commercial, residential and agricultural rights. On the residential side the property offers 10 flatlets which are suitable for single working-class people with pre-paid meters. There are 2 ponds/dams with a natural running spring. There is also Municipal water supply as well as 2 x JoJo tanks with pumps. On the commercial side there is a liquor store and Tavern, licenced and rented out at this point. There is also a Vslots licence and Abbatoir permit. The current owners generate a rental income of about R450 000 per annum. This property has a lot to offer and is a fantastic income generator.

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