Prime 3ha Riverfront property with a large dam  in the heart of the historic village of Magaliesburg. Neat 4 bedroom thatched home of 160m² with main en-suite and a second family bathroom plus a 96m² highly lettable cottage and numerous other buildings that could be renovated as cottages. A great Country Hideaway.

This fantastic property is only 1km from the centre of the village of Magaliesburg which has shops including a Spar, Doctor and Pharmacist and a garage. Ruimsig is 30 minutes away and Pretoria 50 minutes. You can commute to Sandton in less than 1 hour.

The farm is situated on the banks of the Magaliesberg River which means you have about 400m of river frontage and an "island in the stream" to boot. The property itself is well fenced at 1.8m and the main gate could easily be equipped with an electric motor and remote controls. The residence is very secure with slam-lock gates on all sliding doors and is surrounded by a 2.1m high palisade fence which encloses just under 1/4 acre of garden.

The farm has an Escom connection for power.

MANY AND VARIED USAGE OPTIONS:

Agriculture Because the farm is registered to draw water from the Magaliesburg irrigation system canal which crosses the farm and feeds a concrete reservoir the property is ideal for the propagation of various crops  or flowers under tunnels or hothouses year round as well as on the fertile terraces in summer. To this end you may wish to revive the existing 13 labourers rooms and ablutions in 5 blocks at the river's edge in the corner furthest from the main residence although off farm labour is readily available. The 288m² by 6m high shed and its 96m² flat/office is a valuable farming asset. Not having been actively farmed for some 6 years the land is well rested and ready to produce for you.

Aquaculture or Aquaponics This farm is ideal.

Long term rental Income Converting/upgrading existing buildings would generate about R18,000.00/per month. There is a high demand and a real shortage of reasonably priced rental property in Magaliesburg

Tourism The property falls within the area designated for "intensive tourism development" in the local council spatial development plan and is in close proximity to Valley Lodge Hotel, Kwa Manzi Guest Farm (1km upstream), Matlapa Lodge, Magalies River Lodge (1km downstream) and you can see the buildings of the 5* Mount Grace from the property. Create a fishing dam on the property and you will have a winner.

Outdoor Activities Centre/Youth Camp The balance of the shed could be converted to dormitory accommodation and a hall and the labourers rooms to cater for the teachers or adult guardians.

Private Riverside Estate

A multi-faceted diamond in the not so rough.

We are privileged to have a mandate for this excellent property at only

R1,595,000.00

Arrange to view soon.