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R37,900,000

Farm for sale in Karino

112ha
Farm For Sale In Karino

This high income producing farm is situated in Karino. Going concern with various incomes eg

Rental income R 300k per month.

Farming

6ha Beaumont mature trees

1ha A4 mature trees

7ha A4 young trees

20ha has usufruct for another 7yrs consisting of

10ha Sitrus

This person is responsible for maintenance of the main water line.

Lease agreements in place for:

Large company renting 35ha, long lease signed with fantastic income per month.

Another 4 large firms renting space on the farm causing a constant secure income stream for the farm.

Houses

3 x 3 bedroom houses

1 x 2 bedroom apartment

1 x 1 bedroom apartment

Another 1 bedroom is rented out as office space

Compound

8 Rooms for workers near the river

Warehouses for DE husking and drying of nuts. Also have cement dams for storing water. The borehole is also for emergencies but have not been used recently.

Irrigation is done out of the Crocodile River with 53ha water rights allocated to the farm, pumps and filters all in working order.

Please arrange to view this land if you are willing and able to be the new owner.

Property Type
Farm
Stand Size
112ha
Rates & Taxes
R341
Reference
ENT0244412
Property history
Listed for sale at R37,900,000
27 Feb 2023
Get to know Nelspruit
Nelspruit, the capital of Mpumalanga, lies in the fertile valley of the Crocodile River. Nelspruit is so much more than just a gateway to Mpumalanga and the Kruger National Park.
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