Magaliesburg Region Commercial for sale / to buy

15 ha farm + Business - R40 000 nett p.m.
Magaliesburg Region, North West, South Africa

Price: R1,495,000

This 15ha farm is situated just 5 minutes from the Magaliesburg village centre on the main route to Botswana and offers diverse income opportunities including a licensed tavern, off sales and a general store. This is a profitable going concern producing ±R40,000/month nett income.

The property has a neat and well maintained 4 bedroom home with family bathroom, separate toilet, 2nd bathroom with shower, a lounge, dining room, kitchen and patio. All set in a neat garden with tall established shady trees and a thatched lapa with built in braai.

The second home on the farm has 3 bedrooms, two bathrooms, a kitchen, lounge/dining area and a quadruple garage/workshop. Set in its own lawned, treed and fenced off garden.
An older third home has two bedrooms and a bathroom plus kitchen and lounge.

Near the main home is a separate one bedroom bachelor cottage. There is also a residence and large garage/storeroom created within an old shed building.
Commercial buildings include a large tavern and bar plus a liquor store. A shop on the main tar road and its surrounding 1ha property are leased on a pre-paid 5yr renewable basis from Spoornet. Currently this operates as a general store/tuck shop but it would be a formality to secure an off sales licence for these premises to profit from the main road exposure.

In addition there are 4 good quality labourers' cottages on the property that are leased out providing rental income.
All this on ±2ha of the farm.

Some 13ha of additional lands are deep red loam soil and water is good from boreholes and there are two reservoirs. Abundant labour in the area make intensive veggie or organic farming a potentially highly lucrative option.

Come secure this farm and make money from day one.

Asking R1,490,000 the seller will look at all serious offers.

Property Facilities

Magaliesburg Region property

◊ Bedrooms: 8◊ Bathrooms: 5

◊ Living room◊ Kitchen◊ Store room◊ Garden◊ Domestic quarters

Contact Details

Magaliesburg Region property