Small Holding For Sale in Merrivale

R7,950,000

Monthly Bond Repayment R83,415.85
Calculated over 20 years at 11.25% with no deposit.

Web Ref No RL35253

Commercial Smallholding in Hilton / Merrivale Growth Node

Situated strategically just off the N3 between Hilton and Howick is this 10.8ha smallholding which has great development potential. Improvements consist of a solid farmhouse with a separate self contained flat, a 720sqm shed and a transport related enterprise which has been in operation for many years and could be expanded. Rental income of approximately R25 000pm.
This is the ideal agribusiness site - could be utilized as a fertilizer depot, feed business or storage.
Access to the N3 is good and the property has excellent highway visibility. Eskom power and Borehole water.