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R1,718,000

1 bedroom small holding for sale in Endicott

1 Bed
1 Bath
700m²
28,420m²
Pets Allowed
A Unique Farming Opportunity Mixed-use Property For Sale

A Unique Farming Opportunity Mixed-Use Property for Sale

Welcome to a farm with a difference! This unique property offers a blend of farming, retail, and residential opportunities, making it a versatile investment for the savvy buyer. Registered as mixed-use, this land allows for farming, shops, and dwellings, providing multiple streams of potential income.

Property Highlights

Retail Potential: The existing shops can easily be converted into 4 to 5 full flatlets, each capable of generating an income of approximately R5500 per month. The site previously supported two thriving shops and has the potential for up to five shops, including a liquor store which historically achieved a turnover of R3 million annually.

Water Resources: The property is equipped with a borehole and pump, with the option to add a second borehole. Note that the existing borehole requires a new power cable and control box to be fully functional.

Additional Income: A Vodacom tower on the property brings in an additional R70,000 annually, supplementing your income.

Facilities: The property boasts a 700+ m2 workshop section under the roof and includes a flatlet in need of repair. The main building, which has served as a shop, also offers the potential to rent out additional shop spaces. A 4 x 5m walk-in fridge is included, with additional items possibly available for purchase.

Strategic Location

This farm is strategically located close to major routes, enhancing its appeal:

Approximately 2 km from the R29 Springs-Devon

2 km from the R42 Nigel-Delmas

3 km from the N17 Secunda-Johannesburg

Less than an hour's drive from Johannesburg

Agricultural Potential

The property sits on very fertile soil, making it ideal for diverse agricultural activities. The land has successfully produced leafy greens, garlic, strawberries, asparagus, maize, and more. Additionally, a tunnel is available for the preparation of seedlings.

Scenic Views

The farm offers breathtaking open views, stretching as far as Heidelberg's hills. Enjoy stunning sunrises and sunsets, and at night, the lights of Springs can be seen twinkling in the distance.

Opportunities for Development

Filling Station Approval: The property previously received approval for a filling station, offering another avenue for expansion should the new owner choose to pursue it.

Fencing: The entire property is fenced, ensuring security and delineation of boundaries.

This property has been a successful venture for many years, with recent accomplishments in both agriculture and retail. The current owners are downsizing, offering a unique opportunity for a new owner to capitalize on its potential. Whether you're interested in farming, retail, or residential development, this property offers endless possibilities to cultivate success.

Property Type
Small Holding
Bedrooms
1
Bathrooms
1
Stand Size
28,420m²
Building Size
700m²
Living Area
3
Pets Allowed
Yes
Reference
7002001-73492
Property history
Listed for sale at R1,718,000
18 Nov 2024
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