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Addo, Addo, Kirkwood, Eastern Cape
R 1 250 000
An excellent investment opportunity in the sought-after area of Sunland, offering the potential to generate rental income or provide accommodation for employees. Ideally situated in the heart of the Sundays River Citrus Valley, this property is conveniently located close to major citrus packhouses and restaurants, easy access via the R336 route connecting Kirkwood, Addo, and Sunland. The location also provides convenient access to public transport and taxi services for tenants. Property Features The main house has been subdivided into three semi-detached units comprising: • Unit 1: One bedroom, bathroom with shower, and open-plan kitchen. • Unit 2: One bedroom, bathroom with shower, and open-plan kitchen. • Unit 3: Two bedrooms, bathroom with shower, and open-plan kitchen. Each unit is fitted with its own prepaid electricity meter supplied by Eskom. Additional Features • Fully enclosed with vibracrete walls and fencing. • Ample parking available for tenants and visitors. • Agricultural zoning, resulting in lower municipal rates compared to standard residential properties. • Additional undeveloped land adjacent to the units, offering significant potential for future expansion or development. • Registered servitude providing convenient access to the property (refer to attached diagram). Water & Drainage Infrastructure • Water purification system in place (chemicals required for operation). • Water storage tank requiring periodic drainage when sediment accumulation occurs. • Two French drains: o One located adjacent to Unit 1. o One located behind Units 2 and 3 near the boundary fence.
Estimated monthly repayment
R 11 804
on a R 1 125 000 bond over 20 years at 11.25%
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Addo, Addo, Kirkwood, Eastern Cape
Listed by
Grace Brown
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