Small Holding For Sale in Bela Bela, BEL-RS00860

Details

SMALL HOLDING FOR SALE IN BELA BELA

21ha Vat Registered Small Holding full of income opportunity.

It is situated on an olive estate in Limpopo, in the heart of the Waterberg. Only plus/minus one hour's drive north of Pretoria.

Accommodation consists of the following:

No. 1 - Rondawel / Unit 2x bedrooms – Sleeps 4-6 - Includes all furniture. Lounge, kitchen, corner bath in 1 bedroom, shower in 2nd bedroom.

No. 2 - Rondawel / Unit (Sleeps 2) – Includes all furniture. Open plan lounge / bedroom / kitchen, separate bathroom

No. 3 - Rondawel / Unit(Sleeps 4) – Includes all furniture. 2x bedrooms. Bathroom. Lounge / dining room, kitchen.

No. 4 - Double Story House (4 Bedrooms) 3 of the 4 bedrooms have wardrobes, Master bedroom has en-suite full bathroom. 2nd bathroom has a shower, toilet. Kitchen. Entrance hall. Lounge / dining room.

No. 5 - Rondawel / Unit (2 bedrooms) – Sleeps 4 2x bedrooms. Bathroom. Lounge / dining room, kitchen.

No. 6 – Rondawel / Unit (2 Bedrooms) – Sleeps 4 - Includes all furniture. 2x bedrooms. Bathroom. Lounge / dining room, kitchen.

No. 7 - Rondawel / Unit (Sleeps 2) – Includes all furniture. Open plan lounge / bedroom / kitchen, separate bathroom

No. 8 Main House - Very spacious 3 bedroom - separate from other units

This property creates a peaceful home sweet home atmosphere. Here you experience the Bushveld and what it has to offer. Ideal getaway from the city's noise and rat race existence. Here you can refresh your soul to your heart's content.

For social gatherings, functions, family gatherings, there is a Lapa with built-in braai, boma, and social area. There is also a liquor license.

You can cool off in the pool on hot days, for which Warmbad is known.

There are jacuzzi's at 3 of the rondawels. In the privacy of your rondawel, you can enjoy relaxing time with family or friends in the jacuzzi.

More information regarding the rest of the property:

Game fenced.

There are 3x boreholes (equipped with high pressure pumps. ) The one borehole produces 5,000 liters and is 215m deep. The other two boreholes are 100m deep.

There are also 3x Water Tanks (5000L / 1000L / 5000L).

Equipped with 2x Hydrants for irrigation. The fire hoses have a 100m radius which helps with firefighting.

Worker’s accommodation consists of 4 rooms and a bathroom.

There are 3ha of olive trees of which 1540 olive trees are under irrigation.

There is a lot of potential to generate regular income. Here's an example to give you an idea:

Monthly Rentals if all 8 units are rented out = R42 850 per month. Otherwise overnight income for the 7 units - (excluding the Main House) It can still be rented as a monthly rental for R 8 500 p/m.

Self-catering Units as follows: 7 Units Per Night R4 550 Per Midweek (4 nights Mon-Fri) = R 18 200 Per Week (6 nights (Mon-Sun) – R27 300 Weekends (2 nights (Fri-Sun) = R9 100 (Minimum stay 2x nights).

Additional Income for functions could be generated as well. Rental of Lapa with bar - There is a liquor license. Separate boma. It can be rented per event or weekend if there are group bookings or family gatherings.

4. Olive farming