DEVELOPED SMALLHOLDING (2.2 HA)

This well-developed smallholding (2.2 HA) is situated 3 km from Mahem and just 250 meters off Van der Hoff Road, offering a rare combination of live-in comfort and substantial development potential. The developed smallholding (2.2 HA) for sale has its price further reduced, providing an even greater investment opportunity. The property carries a 2017 valuation of R5,600,000 with a replacement value in excess of R14,000,000, underscoring its quality and investment upside.

Key income and features:

• Rental income: approximately R46,600+ per month
• Main residence: 4 bedrooms, 2 bathrooms, a large kitchen, a dining room, an expansive lounge, and a double garage
• Additional dwellings: two 2-bedroom, 1-bathroom units with kitchens and lounges, plus fenced flatlets
• Office block: 7 offices with ample built-in cupboards
• Industrial space: 3 large workshops with a separate wash bay enhance the developed smallholding’s offerings.
• Access and security: undercover parking for 20+ vehicles; brick-paved pathways between buildings and workshops; alarm system with CCTV
• Utilities: 3-phase electricity; 3 boreholes (1 certified/equipped); 2 water tanks are essential for the developed property.
• Outdoor amenities: outside toilets and servants’ quarters (12 rooms), beautiful gardens, an electric gate, and a Lapa with a braai area
• Documentation: building plans available

Investment highlights:

• Strong rental income supporting carrying costs and providing cash flow
• Substantial improvements and development potential in a high-demand area are what set this smallholding (2.2 HA) apart.
• Robust infrastructure (3-phase power, boreholes, water storage)
• Multiple income streams across residential, office, and workshop spaces

VIDEOS:

FINANCING GUIDELINES / CRITERIA

1. Absa and Standard Bank SA will only finance a Smallholding smaller than 20 ha.
2. Nedbank and FNB will only consider financing a Smallholding smaller than 8.5 ha.
3. If the property is reliant on Borehole water, a Borehole Certificate not older than 3 months is required, and it must comply with the particular bank’s criteria.

LOANS: South African Citizen in full-time employment

1. Absa – Normal loan-to-value will apply, based on the applicant’s risk profile.
2. Standard Bank will consider a max of 70% – 80% exceptional cases, 90%
3. Nedbank will consider a max of 80%
4. FNB will consider 50% to max 70%