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Farm for Sale in Cove Ridge East
East London, Cove Ridge East
1560 m² 116 467 m²
Beautiful farm with main house and several tenanted units providing extra income!
Great opportunity to live a quality lifestyle and earning extra income from the accommodation facilities on this farm not far from the East London airport. It is 11.6 hectares with 3 dams and Jojo tanks strategically placed to supply fresh water. The buildings consist of a very neat large main house with entertainment facilities, several self contained 2 bedroom units (most are tenanted on month to month leases totalling R45k per month), plenty outside buildings for garages or business operations as well as administration offices. Opportunity exists for further leases of R17k per month. The neat concrete driveways provide access to the buildings in a lovely setting overlooking the agricultural fields. The venue is suitable for a guest farm with Eskom providing electricity.