Prime Investment Opportunity – 21ha Income-Producing Farm Near Polokwane

Description

Just 11 km from Polokwane CBD lies this exceptional 21-hectare agricultural property – a rare blend of income stability, rural tranquility, and development potential. With 15 well-built face-brick homes (13 currently tenanted), the property generates a steady monthly income of approximately R78,000. Perfectly suited for investors or families seeking a secure, multi-income smallholding close to the city, this property offers both immediate returns and long-term growth potential. The current owners, now retired, are looking to scale down, creating an opportunity for the next owner to take ownership of this well-maintained and self-sufficient small holding. Property Breakdown: Total Dwellings: 15 (13 rented out) • 6 x 3-Bedroom, 1½-Bathroom homes – Open-plan kitchen & living area, scullery, single lockable garage. • 3 x 3-Bedroom, 2-Bathroom homes – Open-plan kitchen & living area, scullery, single lockable garage. • 1 x 4-Bedroom, 2-Bathroom home – Open-plan kitchen, dining & living area, scullery, double garage, veranda, and office. • 2 x 4-Bedroom, 2-Bathroom homes – Open-plan kitchen & living area, single lockable garage. • 1 x Double-storey 3-Bedroom, 2½-Bathroom home – Includes an office, dining area, open-plan kitchen & lounge, gas stove, pantry, 3-car open garage, and large veranda. Fully walled. • 1 x 2-Bedroom, 2-Bathroom home – Spacious open-plan design with dining and lounge area, modern kitchen with granite tops, gas stove, eye-level oven, scullery/laundry, air conditioning, enclosed veranda, and double open garage. Fully walled. • 1 x 3-Bedroom, 2-Bathroom home – Open-plan kitchen, dining and living area, with veranda. All homes feature: Built-in cupboards • Prepaid electricity • Tiled roofs (14 homes) • Solar geysers (3 homes) Additional Features • Staff accommodation • Two strong boreholes with water tanks and pressure pumps supplying all dwellings • A cement dam capable of irrigating up to 5 hectares • 5.5kW inverter (valued at R44,000) included in the sale Farming Potential Approximately 10 hectares of fertile land have been cultivated in the past, producing crops such as butternut, peppers, cabbage, broccoli, cauliflower, baby marrows, and herbs — making it ideal for small-scale commercial farming or self-sufficiency projects. • Zoning: Agricultural (not yet rezoned to residential) • Only cash buyers will be considered Contact today to book a viewing.

Features

Alarm System

Yes

Reception

Yes

Borehole

Yes

Fence

Yes

Garden

Yes

Paveway

Yes

Scenic View

Yes

1x Borehole can be opened again - Owner filled it with rocks

Yes

14x Rooms for farm workers, Only 1 Electricity/lights in end room

Yes

15 Houses including main house: See List Attached

Yes