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Summerpride, Summerpride, East London, Eastern Cape
R 3 300 000
The farm presents numerous opportunities for its future owner. Located close to the city limits, it gives easy access to city facilities while still maintaining a calm and quiet atmosphere. One of the standout features of this property is the main house, which has a roomy design with four bedrooms and two bathrooms. The living area consists of a lounge, dining room, and a fully-equipped kitchen, providing plenty of space for family gatherings and hosting friends. Additionally, there is a laundry room and an office area that meet practical needs and add flexibility for the residents. The main house also includes a wrap-around patio that can be reached from both the lounge and the bedrooms. This outdoor space is perfect for relaxing, offering beautiful views of the countryside and creating a smooth flow between indoor and outdoor living. The farm includes three additional homes that currently bring in a total monthly rental income of R20,000. These homes offer a great chance for extra income or can serve as housing for extended family or guests. Each unit comes with comfortable living spaces, featuring a lounge, kitchen, and bathroom. This property is an excellent investment, providing both a primary home and rental income. Water supply is guaranteed with a pond and water tanks on the property. These resources not only support farming activities but also ensure a steady water supply for livestock and irrigation. With its large size, the land has many possible uses. It can be used for animal grazing, allowing for a small livestock operation. Alternatively, the property can be used for farming, with fertile soil suitable for growing crops or starting a fruit orchard.
Estimated monthly repayment
R 31 163
on a R 2 970 000 bond over 20 years at 11.25%
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Summerpride, Summerpride, East London, Eastern Cape
Area view — the exact address is shared on enquiry.
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